Asking price: £499,000

Sales revenue: £300,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Phoenix are delighted to place onto the market this freehold book binding business, which was established by our client over 14 years ago. Other business interests and semi retirement enforce reluctant sale.

The business provides primarily a book binding service. Other presentation products are also manufactured including art folders,wedding albums, leather table top’s for desks and bespoke boxes. In particular there is a very popular binding service offered to universities.

The concern is operated with the aide of 4 full time staff with our client steering the business as a managing director.

The owner has regular appearances in trade shows and as well as picking up business from the yellow pages, our client’s internet site is very popular at www.wbeale.co.uk

There is very little competition within our client’s area of expertise and therefore there is a large data base of very loyal customers who have been with the business from the onset. In addition to this the concern has gained an excellent reputation for quality work and customer service.

The ground floor of the commercial premises is approximately 5,000sq ft with a first floor mezzanine construction consisting of approximately 2,000sq ft.
The turnover is in excess of £300,000 for this year although there is ample opportunity to increase this by undertaking more marketing and creating a sales force.

The asking price includes all equipment listed which has a value of over £50,000.

Our client would be happy to consider a freehold only purchase. The price includes all machinery and equipment.

Years established: 14 years

Employees: 4 full time staff

Trading hours: Mon – Fri: 08.00am – 6.30pm

Property: Freehold

Living accomodation
PROPERTY DETAILS This large building with a ground floor coverage of approx 5,000 sq ft is of steel and block construction: Ground Floor Large Manual shutters Fire exit and entrance Large gas heaters Numerous preparation tables Storage areas Large workshop Separate entrance to offices Kitchen Toilets x 2 First Floor Large mezzanine floor approx2,500sq ft used for storage External To the front, sides and rear concreted area used for parking.

Location
This long standing business and substantial commercial premises are situated in Kiln Lane Swindon. The area consists of approximately twenty commercial units which lie 1 mile from Swindon town centre. The area has recently undergone some major developments and there is a large housing estate under construction which lies close by.

The M4 motorway offers excellent links from Swindon to Wales and London.

Reasons for selling
Semi reirement