Highly Profitable Print Finishing Company For Sale

Business description

Business Strengths & Opportunities :

§ Long term customer base & Circa 75% repeat business
§ Broad range of quality equipment
§ Straight forward job-flow & pricing system
§ Excellent contacts with Norfolk Business Networks
§ Very few competitors
§ High gross margins
§ Strong opportunities to increase sales from existing customer base

This well run and busy printing finishing company has a complete line of presses and finishing equipment, including paper cutters, folders, drills, binders, collators, bookletmakers, cornerounders, hole punches, tabbers, joggers, punch and bind equipment, shrink wrap and packaging systems, staplers, stitchers, stock carts, padders, trimmers, perf / score / slit / number systems.

The broad range of work is undertaken to tight deadlines for a large client base specialising in short runs at good margins.

Its pricing is such that gross margins are maintained well above the industry average, and are increasing.

There are over 50 live accounts and the majority of work is repeat business. Investment in new equipment in recent years has enabled customers to expect fast turnaround of orders where the competition struggles to meet such tight deadlines.

Revenues and profits have been consistent and the new buyer will benefit from strong, sustainable profits growth.

Property information

Property:

Leasehold

Leasehold rent:

£4,850 per annum

Location:

Located on a small Industrial complex close to all customers

Other information

Expansion potential:

The business operates for 4.5 days per week and shuts at 5pm.
For the new owner the expansion potential is therefore high as the current owners are turning work away which can easily be accommodated.

Competition / Market:

The company has very little competition in the local

Support & training:

The owners will be delighted to give all support and training required.

Reasons for selling:

Retirement

Trading hours:

9.30 to 5pm Monday-Thursday
9.30 to 12.30 Friday

Financing available:

Sunbelt Busines Brokers have excellent contacts with a number of Banks and would be pleased to assist buyers in raising the required finance to purchase this business.

Furniture / Fixtures value:

£18,300 (included in the asking price)

Inventory / Stock value:

£500 (included in the asking price)