Print Finishers L/h £55,000 Bedfordshire Reduced | | Undisclosed Bedfordshire | | BEDFORDSHIRE Print Finishers -Est 20 yrs Located on Ind Est printing, encapsulation, wire & comb binding regular repeat work from nearby schools & councils A/T: £84,200 GP: £48,600 NP: £34,200 Scope to expand L/H: £55,000 REF: 9419LU | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 40487
ADVERT IMPRESSIONS : 24,353 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Printers & Print Shops | | SALE: | Agent Sale | LEASEHOLD: | £55000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is well located on a small industrial estate which is central to most of its customers n Bedfordshire.
Nearby towns include Luton, Dunstable, Watford & Stevenage.
The area is accessed by either the A5 or the M1 which give excellent road links to the nearby counties and to London
THE BUSINESS
Advent Business Sales is pleased to offer to the market, this extremely well established and profitable print finishing buisness.
Founded over 20 years ago and in the hands of the present vendors for over 5 years, the business is only now being reluctantly offered for sale as he wishes to concentrate on an alternative unrelated business venture with his son.
The business has an excellent local reputation with regular repeat work from nearby schools and councils, the business does no advertising of any sort with all new work coming by word of mouth and referrals.
As well as finishing, the business also does a considerable amount of encapsulation and wire and comb binding.
The business is managed almost exclusively by the vendor who only employs a part time help as and when required.
The business is fully equipped and includes:
• Rilecart Far 5/55 automatic punch m/c with thumbcut dies
• 2x James Burn K50M manual punch m/c
• Renz RSB360 Binding M/c
• D & K A1 Encapsulation m/c
• Ledco A0 encapsulation m/c
• Maraine 25” encapsulation m/c
• Lamine 25” encapsulation m/c
• Manual 2:1 hole punching m/c
• 3x comb openers & closures
• 3x wire closing machines
• EBC 56gLM1 modified encapsulation m/c plus feeder, crosscutter and compressor
We are advised that stock at cost is approx £2,000
REF: 9419LU
TRADING HOURS
Mon-Fri: 9.00am – 5.00pm
EXPANSION POTENIAL
Whilst already a successful finishers, the business offers excellent scope ton crease both sales and profits by:
1. Doing leaflet drops to local schools and businesses with whom they do not currently do business with.
2. Installing a laminating line and offering laminating services to schools
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £84,200
Gross Profit: £48,600
Adj Net Profit: £34,200
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
An end terrace ground floor lock up which with suspended ceiling, gas heating and front roller shutter doors briefly comprises:
Ground Floor
• Side entry door into the workshop with a range of work benches and machines around the perimeter walls.
• Side office with internet access and broadband
• Storeroom
• Rear kitchen and W.C’s
External
• The are 2 allocated car parking spaces with additional available around the estate and in the nearby site streets.
TENURE: Leasehold
Original lease: 5 years with 3 year break clause
Remaining lease: 4 years
Review every: 5 years
Rent: £7,000
We are advised that the annual business rates are currently: £2,000 | | | | | | FOR SALE | | | | | REFERENCE: | 9419LU / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
