Established Print Finishing Company | | Undisclosed Relocatable | | Established Print Finishing Company Confidentially offered for sale Ref No: IZ017 Location: North Midlands Asking price: £105,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68832
ADVERT IMPRESSIONS : 19,424 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | ASKING PRICE: | £105000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business set up over a decade ago by the current owner has established itself as a national provider of print finishing services to the print industry. Its range of services includes:
• Stringing
• Eyeletting
• Folding
• Drilling
• Collating
The majority of its work is done using an extensive range of plant and equipment which ensures high levels of consistency, quality and traceability. The business prides itself on its rapid response times and ability to cater for both short and long run production. Because of this the company has built up a loyal customer base throughout the UK including printers and design agencies. It also does a small amount of work abroad.
Equipment:
The business has an impressive catalogue of machinery and equipment that enables it to carry out its services. This includes the following:
• 3 off Fully Automated Loopers & Knotters ( 2 -81/2” loop, one 6” loop). Two of the machines have eyelet attachments
• Folding Machine
• Milling Machine
• 2 Hand Eyeletters
• Punch
Customer Service:
This business is a long established print finishing company that provides reliable, experienced, competitive services to the print industry and offers a huge range of quality services at reasonable rates. Because of this it enjoys good levels of repeat business from satisfied clients.
Key Strengths:
The business is known for its quality and service. Satisfying the demand for affordable, high quality finishing solutions with a rapid turnaround provides an excellent growth opportunity for those with vision, customer focus and no fear of hard work.
The business has a good level of equipment and sterling reputation.
Growth and Expansion:
The business could certainly accommodate further growth within its current infrastructure. With a more proactive approach to sales and marketing the business could improve sales and revenues.
Key Opportunities:
The company is not fully utilising all the equipment at its disposal. It has a PLC 8-stage collating machine that is quite unique and can deal with very small detailed work. The company does not currently offer these services to the market and there is room for significant growth in this particular segment of the industry.
Employees:
This is a family run business. The owner works full time in the business and his wife looks after the accounts. They also call upon other family members to help out as required.
Advertising and Marketing:
The business advertises in trade press on a national scale and has built up a recognised name in the industry.
Premises:
The business is located on a large well known industrial estate in the town. This business could easily be relocated as it currently rents.
Business Hours:
Monday – Friday: 0800-1700
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 business consistently achieves turnover circa £72,000 per annum with impressive gross profits of circa £62,000.Net profits are circa £42,000 p.a It hasw a high level of pant and equipment that is included within the sales price
Reason for Sale:
The vendors are wishing to retire.
Support and Training:
The current owners would be happy to provide full training and support at handover.
| | | | | | FOR SALE | | | | | REFERENCE: | IZ017 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
