| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 8,559 TIME(S)
BUSINESS REFERENCE : IY086 / RightBiz COMMERCIAL PRINTERS | | | | | | Commercial Printers Confidentially offered for sale Ref No: IY086 Location Greater Manchester Asking Price: ₤550,000 | | | BUSINESS LOCATION: | Undisclosed Manchester UNITED KINGDOM | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Printers & Print Shops | | SALE: | Agent Sale | LEASEHOLD: | £550000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Established in 1974, this business prides itself on the excellent quality of service it offers clients,specialising in the supply of a full range of high quality print services.
The company supports their customers with in-house design and creativity, producing high quality brochures, leaflets,price lists, magazines, business stationery and many other print items. The company uses state of the art equipment to produce quality lithographic printing in both full process colour and spot colours. Artwork is received in a wide range of formats, both MAC and PC, on disk or email.
The business employs a highly skilled team of fully qualified printers and they have a very low staff turnover, which is the key to consistent quality control. They pride themselves in having one of the fastest turnarounds in the industry, from receipt of artwork to fulfilment.
The company has a regular repeat base of Blue Chip clients which are spread over a number of industries, giving them a degree of economic resilience.
As previously stated, the company has invested heavily in technology and the sale includes all machinery.
*Heidelberg 5 colour 72F prim press
*Heidelberg 4 colour MO CPC
*Heidelberg SORK 2
*Heidelberg GTO 46 Perforating & Numbering
*Heidelberg GTO 46 Perforating
* Schneider Senator SC115 Programable Guillotine
*Horizon – Horizontal Stitcher/Collator
* Stahl Folder – 4 plate straight, 8pp cross fold section
*GUK – cross fold section, pharmaceutical fold
*DOLEV 4 Press- B2 image setter
*2 x Apple Macintosh system 9 Mac
*1 x Apple Macintosh system 10 Mac
Customer Service:
Speed of service is essential to their customers, and the staff understands the importance of high quality service levels. These high standards have helped the company retain and increase the level of business the company has achieved. The success of the company to date has been through the consistent delivery of a high level of quality product and their speed of service. The company employs an excellent team of skilled and dedicated staff, who strive to give their customers the best advice possible and the finest service available. The amount of repeat customers and new customers by referrals, are testimony to the company’s excellent reputation.
Key Strengths:
This small company has an excellent reputation, for supplying quality print with a speedy and competitive service. New owners would have an excellent opportunity to build upon their existing base of Blue Chip customers.
The business has been developed in such a way so it can cater for the most demanding of clients. The infrastructure is in place with both its staff and machinery to go forward to the next level.
The reputation is such that the business enjoys very high levels of referrals. The customer base is a mix that ensures a degree of economic resilience. There is excellent scope for growth for the company, and there is spare capacity within the factory
The business is well run, with an excellent team of skilled and conscientious workers, who pride themselves on the high standards they have set.
Growth and Expansion:
The company has spare capacity in the factory and there remains scope for an increase in production to bring in further turnover and profits.
They have been trading consistently over the years and the current owner has maintained the business at a level that is comfortably manageable to him based on the current infrastructure.
The company has no marketing or advertising budget. They obtain all of their business by word of mouth recommendation. A small amount of investment in a sales drive would immediately reap rewards with the high quality and service which is provided.
Key Opportunities:
This is an outstanding opportunity to build on the existing products, services and customer base of this business. With a strong demand for the product combined with a capacity to increase turnover, a new owner contributing fresh ideas and energy, will have every advantage of building on an excellent, existing platform. The printing plant has spare capacity and there is room for the company to increase the number of shifts worked
Geographically, the business is well positioned along the M62 corridor
Employees
The owner runs the business on a daily basis with nine other skilled and experienced printers making up the remainder of the workforce.
Premises:
The business runs from a modern purpose built premises which measure circa 4,000 sq. ft. The vendor owns the freehold of the premises and is willing to either sell the freehold by separate negotiation or rent out the property on a commercial lease to the prospective purchasers.
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.
The turnover is circa £530,000 per annum with Gross Profits of circa £300,000. Stock figures are circa £40,000 and net book assets are circa £106,000
Reason for Sale:
The owners would like to retire and believe this would be a perfect time for someone to take the business onto the next level.
Support and Training:
Both the owners would be happy to help out with a smooth transition of the business and help in anyway possible | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | IY086 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
