Printing Business Easily Manageable In Durban For Sale

Business description

This well established off-set litho printer located to the north of the Durban CBD has a reputation for quality, reliability and personal service. Business is mainly repeat business from long standing satisfied customers. The competent staff have many years service. An opportunity exists for a new owner to expand the business.

Offset litho printing on paper, items such as leaflets, books, letterheads, business cards, training manuals, brochures, catalogues, work books for publishers, educational printing, and business forms eg order books, invoice books, delivery notes, statements

Machine operators manage the specialist printing machines according to production schedule and finishing operators collate, bind, number and trim orders for delivery.
Design work is done by two desk top publishing operators.
Owner's wife does the bookkeeping.
The owner calls on customers and solicits business.
The owner manages the business as well as calling on customers and canvassing for additional business.


90% of sales is on credit to long standing repeat customers - MAX 45 DAYS.

The Annual Financial Statements prepared by a registered accountant and auditor for the financial year ended February 2011 are on file. Management accounts for the calendar year from January to December 2011 are available from which the figures reflected in this mandate have been extracted. The owners personal expenses have been added back to the profit shown in the management accounts.

Property information

Location:

Business park North of Durbn, KZN, SA

Premises details:

167m2 , with lease ending 31 January 2013, escalation of 10%, with deposit: One months deposit for rent, water and electricity.

Size in square feet:

167m2

Planning consent:

n/a

Business Operation

Expansion potential:

Introduce digital colour and litho colour printing.
Create a website.
Increase customer base.
Improve sourcing of materials.
Increase the depth of marketing by creating a web site and direct marketing to targeted businesses/organisations.
Introduce digital colour and litho colour printing.
Employ an experienced print sales representative

Competition / Market:

Competition is fierce in printing industry but service retains business

Reasons for selling:

emmigrating

Trading hours:

Mondays to Fridays 7.30am to 4pm

Employees:

General Manager (2 Years), Production Manager (20 years), Designer (29 years), Print Machine Minder (5 years), Finishing (5 years), Finishing (4 years)

Years established:

29 years

Other information

Support & training:

Owner will train purchaser and introduce to suppliers and clients, while staff are fully trained.

Financing available:

n/a

Furniture / Fixtures value:

R400,500 (included in the asking price)

Inventory / Stock value:

R12,000 (included in the asking price)

Relocatable:

This business can be relocated.