Digital Printing and Finishing Business For Sale

Business description

This Digital print shop delivers print-on-demand graphics up to 2.5 metres wide. We print and produce large popup graphics for exhibitions, conferences and Point of sale displays. Our main cutomers are some of Spains largest Hotel Chains, local government and advertisement agencies/designers.

Property information

Real Estate:

Lease

Lease terms:

10 year lease of which 5,5 years are left. Montly rent is 3565 Euros.
Lease can be renewed anytime.

Location:

The site with almost 600m² is located in Palma City Centre in a sought after location.
It lays only 300 meters away from the new Palma Congress Palace which is being built and should open in 2 years time.

The premises has a transfer value of 100.000€ should the company decide to move to another location or industrial park.

Other information

Expansion potential:

The business has been mainly printing, laminating, mounting and selling exhibition displays and popups. We get more and more demands to produce personalized info-stands, signs and complete exhibition stands. Two good business opportunities are selling all kind of display items to the hotels, restaurants and retail business, and producing complete exhibition stands.
Just by offering new products to our existing customers can the turnover be doubled in a relatively short period.

Competition / Market:

We have a database of over 400 customers. In 2006 166 of these customers placed orders, besides the direct cash sales over the counter. Turnover in 2006 was over 500.000 Euros. 10 customers made 50% of the turnover. 20% of the customers make up 82% of total turnover.

Support & training:

Management support is offered up to 6 months from purchase date. The business functions by itself, with trained and loyal operators taking care of production.

Reasons for selling:

Need to take care of my other 2 business and simplify my life. My children have no interest in continuing this business and approaching the 60's with a depression leave me no other choice but to sell.

Trading hours:

9-13:30 16:30-20 Mo-Fri

Financing available:

The buyer will have to provide endorsement for the loans and credits with banks and owner which amount 315.000 Euros aproximately at this time.

Furniture / Fixtures value:

€160,000 (included in the asking price)

Inventory / Stock value:

€115,000 (included in the asking price)