Listed by:
Print Franchise – Somerset
Outstanding opportunity -
Modern and well-equipped business -
Current sales of c. £130k per annum –
MUST BE SOLD. ALL SERIOUS OFFERS CONSIDERED.
£25,000 + franchise fee -
BUSINESS:
This business has been established for over 25 years and is one of two operated by the same franchisee, who now wishes to dedicate his efforts into one location. Sales in the financial year ending 2006 were £170,850, and in 2007 were £154,095. Operating profits are currently running in the region of 10% net, though this is depressed due to the high management costs. We believe that a working owner, or a purchaser incorporating the business into their own operation could increase both sales, and margins, considerably.
NB The Franchisor offers a 5 week training programme and continuous support.
HOURS
Monday to Friday 9.00am - 5.00pm. The business is currently closed on Saturday and Sunday.
STAFF
There are currently 2 members of staff who assist the part-time owner. (The owner is part-time due to his other Prontaprint commitments).
TENURE
This business is offered for sale leasehold. The current, renewable, lease expires in 2012. We are advised that the current rent payable is £10,500 per annum.
PRICE
The Leasehold, Fixtures & Fittings, and Goodwill are offered for sale at £25,000 + franchise fee plus sav
NB There may be other investment required to meet Prontaprint minimum trading standards, though this would be discussed at the next stage where there would be direct communication with Prontaprint Head Office.
VIEWING
Appointments to view this business must be made through Adams & Co by telephoning this office. Under no circumstances approach the vendor(s), or their staff directly
FINANCE
On Demand Communications, the parent company of Prontaprint, have excellent contacts with major High Street banks and will assist in the preparation and presentation of a business plan. Please remember that all loans are subject to status and survey.
LEGAL FEES:
Vendors and Buyers each to meet their own legal costs.
LOCATION:
Somerset
SUPPORT & TRAINING:
If required appropriate training will be provided by the vendors after Exchange of Contracts has taken place.
FINANCE:
Finance can be arranged for the purchase of this business. Contact Adams & Co for further details.
FULL PARTICULARS:
Please telephone or Email for full particulars.
Thank you for your interest in this business opportunity.
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