Specialist Print Finishing Business For Gold Blocking And Embossing | | Undisclosed West Yorkshire | | Specialist Print Finishing Business for Gold Blocking and Embossing Confidentially offered for sale Ref No: IY083 Location: West Yorkshire Asking price: ₤225,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 13633
ADVERT IMPRESSIONS : 51,463 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Printers & Print Shops | | SALE: | Agent Sale | LEASEHOLD: | £225000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Established in 1975 this family business has built up an enviable reputation for high quality embossing and gold blocking.of letterheads, invitations, brochures, screen and pad printing.The business has grown steadily over the past 30 years, and the company have an excellent database of regular, repeat clients who trust the company to deliver excellent quality work to strict deadlines.
The business predominately supplies a specialist service to other printers in the Yorkshire region. There is little competition in their field and have on average, a two weekly forward order book. The company are always busy as this niche service is in constant demand.
The company have extensive machinery to perform all of the printing and finishing work they provide and work out of an industrial unit on the outskirts of a major, West Yorkshire city centre.
The business is profitable and runs smoothly with a small, but skilled workforce. There is growth potential within the company with unexploited areas to pursue for new owners.
Equipment
4 x Heidleberg Plattens
2 x Rise and fall semi automatic machines.
Guillotine
Screen printing equipment
4 x Hand machines
Pad printer
Rotary screen printer
Pad making machine
Stitcher
Fork lift truck
Customer Service:
Customers normally provide the artwork, and because of the nature of the industry, the work is often needed within a short turnaround time. Proofs are normally provided for the customers approval and the finished jobs are either collected by the client or delivered by courier.
Key Strengths:
This small company has an excellent reputation, within a niche market, for supplying high quality work to the printing industry.
They have over 200 active customers who regularly use their specialist printing and gold blocking service
The company is profitable, financially sound and there is excellent scope for growth by simply marketing their specialist services.
Growth and Expansion:
The volume of business is from a wide customer database with a small number of key accounts.
Ideally, the company could move into other areas including Greetings Cards and Security Printing.
There is still huge opportunity to increase their customer base as they have no direct sales agent or even a web site to attract new customers. The majority of their business comes from local printers and there is a definite opportunity to offer such a specialist service to a wider area. The company has spare capacity at present and could easily take on more work.
Employees:
The two owners handle all of the day to day running of the company and also work as printers when necessary. There are two other fully skilled printers, plus one full time administration assistant and one part time administration assistant.
Advertising and Marketing:
All of the company’s business comes in from word of mouth recommendation. There is no web site and no direct sales agent.
The current owners acknowledge that a sales drive would secure new business and extra work as they offer a specialised service which is in great demand to the print industry.
Premises:
The business operates from leasehold premises in a small industrial area. There are three offices, a print workshop, toilet, canteen and loading bay with parking outside for up to 10 cars. The premises total circa 7,600 sq. ft with a yearly renewable lease. Rent is circa ₤18,000 per annum and rates are circa ₤8,000 per annum.
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.
Turnover is circa ₤310,000 per annum with adjusted net profits of circa ₤85,000. Net assets are circa ₤48,000
Reason for Sale:
The two owners have been in the business for 30 years and would like to pursue other business opportunities.
Support and Training
Both partners would be happy to help with a smooth transition of the business | | | | | | FOR SALE | | | | | REFERENCE: | IY083 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
