Gosport Hampshire Leasehold Print Shop For Sale

Business description

The particular highlights of the business are:
• The owner may be prepared to accept staggered payments for the business, enabling the buyer to pay from profits although a lump sum sale would be more favorably considered.
• Ideally located concern offering excellent lifestyle.
• A well established business.
• Good loyal clientele.
• Fully equipped business with favorable lease terms (see below).
• Turnover in excess of £90,000 with a net profit of £45,000. (See financial summary below). This is very impressive considering the credit crunch.
• A business with great potential which has not been exploited because the Owner has downscaled the operation for his pending emigration.
• An easily run operation.
• A good first time buyers business.

Phoenix Business Transfer Agents are delighted to place onto the market this thriving print shop which has been established since 1998. The business has been in the hands of the current owner since 1998 and he now wishes to sell due to relocation.

This very good business opportunity provides photocopying, laminating, binding, T shirt printing, colour copying, leaflets, and business cards.

The concern employs 0 staff. The business is operated as a sole trader.

The owners’ role is very hands and he works full time.

The owner markets the business in local press and has a website.

As far as competition is concerned there is no competition for the t shirt service and there are very few printers in the area.

The client base consists mainly of passing trade. There are 15 – 20 commercial clients.

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the product line to include a full printing service.
• Increase staffing levels.

The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Financial Details
The present turnover is £90,000 per annum with a gross profit of £85% and a net profit of £45,000. The wages are £0. The present value of the stock is £200 and the fixtures fittings and equipment are worth £6,000.
In 2008, the turnover was £90,000. The potential turnover of the business within the next 2 years is forecast to reach £150,000 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.

Property information

Property:

Leasehold

Lease terms:

The original length of the lease was 0 years with 0 years remaining. The rent is £5,200 pa. The rates are £1100 pa.

Location:

This superb business opportunity is situated in Gosport in the County o f Hampshire .It is on a main arterial road and enjoys much traffic flow and there is a good foot flow of pedestrians. There is a residential area surrounding the property and it is within a commercially thriving part of the area. There is ample free parking nearby. The business is in the main High street.
The area attracts many shoppers who use the area on a daily basis and there are many local facilities including banks and many other retailers. There are also busy industrial estates nearby.
The location is well linked with the M27 and the railway station close by. The business has clientele from within a 10 mile radius. The locale offers a good lifestyle opportunity.

Premises details:

The property is terraced and is part of a parade of shops and is approximately 28 ft x 38 ft. The front is branded with an attractive glass front.. The main customer service area is tiled with a large counter. It is very well presented and is very conveniently laid out. There is an open plan working area with all the machinery. To the rear is an office. There is a toilet outside.

Other information

Expansion potential:

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the product line to include a full printing service.
• Increase staffing levels.

Competition / Market:

As far as competition is concerned there is no competition for the t shirt service and there are very few printers in the area.

Support & training:

The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Trading hours:

The business operates from Monday to Friday between 8am and 5 pm. On Saturdays the hours are 8am to noon and on Sunday the business is closed

Furniture / Fixtures value:

£6,000 (included in the asking price)

Inventory / Stock value:

£200