Asking price: £150,000

Sales revenue: £315,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
WELL ESTABLISHED PRONTAPRINT FRANCHISE - RUGBY
Price includes goodwill, assets & franchise package fees
Highly desirable High street location in Warwickshire
Est. 1982 and ran by the current owner since 1992
Recently refurbished and very well equipped
Turnover £315,000 with excellent profits
Prime corner trading position
Early viewing essential
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this very successful Prontaprint franchise which has a proud history dating back to 1982. Since 1992 the business has been owned by our client who is only now placing it onto the market due to his strong desire for retirement.

The business which is run and managed by our client with the assistance of staff achieves a very respectable annual turnover £315,000 derived from offering first class printing and copying solutions to a wide range of customers. The branch has a very solid customer base with no one single customer contributing more than 6% of the total turnover.

The franchise has a truly excellent local reputation for a reliable service and for supplying good quality work consistently. The business also receives very good back up service and industry assistance due to it being run as a franchise. The current owner has planned for the sale very well and has recently refurbished the front retail area meaning that a new owner does not need to modernise for many years.

The business also comes very well equipped making it a pure turnkey opportunity. We feel that this business provides an excellent base for a new owner to build upon and we urge early viewing of this very long standing and successful franchise.


Accommodation

Very well presented single story facility offering good high street visibility, customer / reception area, sizable storage space, office and management areas and sizable production work studio. All well maintained and well presented throughout, briefly comprising:

Glass fronted property, secure front entrance, open plan retail and customer area, customer greeting / reception area, fitted desks and storage cupboards, wall hangings and advertisements, well presented throughout, storage / preparation area, shelving and storage space

Office management area, desks and chairs, computer systems, paperwork storage space, kitchenette with fitted cupboards, worktop and sink, toilet with wash basin

Large production / work studio, fitted storage cupboards and shelving, main media storage area, toilet with wash basin, access to rear service yard


Additional Information

Equipment briefly comprising of:
Heidelberg Printmaster QM46-2 2 colour press, 2x DPX 5080 platemaker, Polar 58EM Guillotine, Renz DTP 340M Punch with 2 Dies, Citoborma 180 Paper Drill, Plocmatic SR90 and TR90 Booklet Maker and Trimmer, Rollem 990, Socbox SN7000 Numbering Machine

Kesfold Bookley Maker, Omit GBC5000 Electric Punch, Kip 3000 Plan Printer, Canon 5151 Digital Colour Printer, Speedcreasa, Padding Press, D6 Duplo Mini Collator, Kyocera Laser Printer, Muratec F300 Fax Machine, 2:1 Wire Punch, 3:1 Wire Punch, Renz Combi Punch, 6 x Dell Computers, Creative Suite CS3, Water Cooler, 4 x Air Conditioning Units, Shop fittings new as of October 2007

Canon 3200 digital colour printer, Canon 7105 black & white digital printer, Xerox workcentre Pro65 black & white digital printer

Property: Leasehold

Lease terms
Leasehold - Original length: 10 years from December 05, Remaining: 7 years, Review: December 2010 Rent: £10,000pa

Location
This very successful and long standing Prontaprint franchise is located in the beautiful market town of Rugby, Warwickshire. The business benefits from having a prime, highly visible trading location on the town's main High street access road. The area has a fine selection of retailers and commercial businesses which draws shoppers to the area throughout the year. The town also has a high amount of businesses ranging from SMEs to large corporates which provide a solid local customer base. Rugby is a truly beautiful town which offers a fine standard of living. The town offers exceptional housing, superb shopping, award winning schools, weighable NHS services and beautiful open countryside. Rugby is most famous for the invention of rugby football. Legend has it that the game was invented by William Webb Ellis in 1823 at Rugby school, which is near the centre of Rugby.