Established Print Finishing Company For Sale

Business description

This business set up over a decade ago by the current owner has established itself as a national provider of print finishing services to the print industry. Its range of services includes:

• Stringing
• Eyeletting
• Folding
• Drilling
• Collating

The majority of its work is done using an extensive range of plant and equipment which ensures high levels of consistency, quality and traceability. The business prides itself on its rapid response times and ability to cater for both short and long run production. Because of this the company has built up a loyal customer base throughout the UK including printers and design agencies. It also does a small amount of work abroad.

Equipment:

The business has an impressive catalogue of machinery and equipment that enables it to carry out its services. This includes the following:

• 3 off Fully Automated Loopers & Knotters ( 2 -81/2” loop, one 6” loop). Two of the machines have eyelet attachments
• Folding Machine
• Milling Machine
• 2 Hand Eyeletters
• Punch


Customer Service:

This business is a long established print finishing company that provides reliable, experienced, competitive services to the print industry and offers a huge range of quality services at reasonable rates. Because of this it enjoys good levels of repeat business from satisfied clients.

Key Strengths:

The business is known for its quality and service. Satisfying the demand for affordable, high quality finishing solutions with a rapid turnaround provides an excellent growth opportunity for those with vision, customer focus and no fear of hard work.

The business has a good level of equipment and sterling reputation.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business consistently achieves turnover circa £80,000 per annum with impressive gross profits of circa £68,000.. Net profits are circa £40,000.

Property information

Property:

Leasehold

Lease terms:

Rent is £750 per quarter. Rates are £2000 p.a.

Location:

The business is located on a large well known industrial estate in the town. The premises are rented and comprise production shop floor, small office, storage area, toilets and kitchen. Total floor space is circa 1000 square feet. Rent is £750 per quarter. Rates are £2000 p.a. This business could easily be relocated.

Other information

Expansion potential:

The business could certainly accommodate further growth within its current infrastructure. With a more proactive approach to sales and marketing the business could improve sales and revenues.

Competition / Market:

The business advertises in trade press on a national scale and has built up a recognised name in the industry.

Support & training:

The current owners would be happy to provide full training and support at handover.

Reasons for selling:

The vendors are wishing to retire.

Trading hours:

Monday – Friday: 0800-1700