Business description

Well-established Lithographic and Digital Printers with in-house Designing & Finishing including Banners

This well known franchise business was established in 1984, with this operation established in 2002. They have earned an excellent reputation nationally and in particular locally, over the past 7 years for their fast, reliable, friendly service and high product quality. It has grown in time to become a stable and significant business specializing in large format digital print products. The business operates from a prime location in East Sussex and offers lithographic and digital printing service with in-house designing, printing and finishing, including Banners.

With creative in-house designing, the common business practice is to be flexible, and to tailor services according to customers’ various needs and budgets. The best quality colour reproduction, experienced printing and precise crisp finishing, the business controls quality in a demanding and competitively priced market; aided by the latest technology in Lithographic operations and the most up to date large format colour printing technology.

With the benefit of comprehensive in-house facilities and highly effective sales and management team the best quality output through key business areas has been maintained; the business has as a result also maintained significant control over costs in a demanding market. This business uses the latest technology available in order to provide the highest quality of product.

This is an excellent opportunity to acquire an established, well located, profitable, nationally recognised and well known franchised lithographic digital printer business with a loyal and long-standing customer base.

Equipment:

The sale price includes all of the following main equipments:

• 2 X AB Dick colour press
• Plate maker
• Guillotine
• Oce 9400
• Lamination machine
• HP5500 large format printer
• 2 X DC240 colour printer
• 1 Canon IR7086 production black and white machine
• Folding machine
• Numbering machine




Clients:

The business has built up a diverse client base including blue chip clients to SME’s.

Customer Service:

This business is dedicated to providing a high quality personal service and a good quality end product, all at a competitive price. Customers can be sure that they are always provided with excellence in regard to both the quality of the products and services and the attention paid to customer needs. Maintaining high standards and fast turnaround has been the key to continued success, offering customers a friendly and personal, deadline-beating reliable service from design to delivery.

Key Strengths:

The business is both profitable and very well established. It enjoys an excellent reputation for providing top quality print, delivered on time every time at a competitive yet profitable price. The core strengths of this company are its adaptability and its reliability to deliver on time, combined with an excellent location and high profile nationally recognised brand name.

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. Current Turnover is circa £398,000 per annum, gross profit is circa £257,000 with a net profit circa £120,000 per annum and with Net Asset value circa £50,000.

Property information

Property:

Leasehold

Lease terms:

The premises are leasehold, and rent is charged circa £14,995 per annum and rates are currently £3,000 per annum. Rent review period is every 5 years.

Location:

The shop is located in established high street premises being in a very pleasant area close to all amenities. The premises are leasehold, and rent is charged circa £14,995 per annum and rates are currently £3,000 per annum. Rent review period is every 5 years. The current renewable lease is due to expire in 2012. Premises benefit from a high street ground floor digital printing room with basement area, print room and finishing room, etc.

Other information

Expansion potential:

The owner recognises that the business has significant growth potential. Superbly located in a prime location, there is an excellent opportunity to introduce a stronger marketing and advertising strategy to increase turnover and to build on the existing base of satisfied clientele, to grow with new enthusiasm. The business can be further increased by assertive marketing, and advertising and the creation of a professional website, which it currently does not have.

Competition / Market:

The business undertakes no advertising and generates all new business from direct mail and Electronic Shot. Some revenue also arises from recommendation and repeat business. The company does not have a web presence and there is no doubt that turnover and profits could increase exponentially using this additional medium.

Support & training:

Full support and training will be provided to the successful purchaser if required.

Reasons for selling:

Owner plans to move abroad.

Trading hours:

The business currently operates between 9.00 am and 5.30 pm Monday to Friday.