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BUSINESS REFERENCE : IY079 / RightBiz LITHOGRAPHIC PRINTERS AND GRAPHIC DESIGNERS | | | | | | Lithographic Printers and Graphic Designers Confidentially offered for sale Ref No: IY079 Location: South East England Asking Price: £1,200,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Printers & Print Shops | | SALE: | Agent Sale | LEASEHOLD: | £1200000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Long established, this business prides itself on the excellent quality service it offers clients, specialists in the supply of a full range of high quality print services. The employees of the business are attentive, knowledgeable, helpful, and genuine and listen to customers, advising them of the print facilities best suited to their needs.
Supported by an in-house design, artwork and typesetting team, the business deals with publishers, print buyers and undertakes small run magazines and reprints.
A sub division of the group handles pre press design and layout. 95% of the work undertaken is contract work for established large publishers.
Customers provide plenty of regular repeat business and are a testimony to the business's unrivalled reputation for quality and reliability. This represents an excellent opportunity to invest in an established name that prides itself on good old-fashioned customer service.
Equipment:
The company uses 2 and 4 colour (with coater) 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 and by email. Heidelberg and Komori presses as well as CTP systems are used on a daily basis. The business is fully computerized for accounting, with all clients details stored on a comprehensive database.
Customer Service:
The business retains a high level of repeat business, particularly among a critical core of clients using the company services on a regular basis. The company has earned an outstanding reputation for its service and professionalism, reliability, efficient job completions, excellent quality work, ability to deliver multiple finishes, cost control and highly skilled, experienced staff. The business endeavors to take the time it takes to identify the client’s needs and ensure the right product for the job.
Key Strengths:
There is an excellent opportunity to build on the existing base of this company. Growth to date has been purely organic, based on word of mouth and recommendations. An effective and focused sales strategy would reap considerable benefits, driving forward both volume and profitability.
Growth and Expansion:
With the printing market showing excellent growth potential, satisfying the coming demand for competitive, high quality solutions with a rapid turnaround provides an excellent opportunity for those with vision and customer focus.
Key Opportunities:
This is an excellent opportunity to build on the existing products, services and customer base of this company. With a strong demand for services and capacity to increase turnover, a new owner contributing fresh ideas and investment will build on an excellent platform.
This firm maintains an extensive base of satisfied clients, who appreciate the company’s superior service. There are many excellent avenues for growth, especially with additional staffing and further promotion of other niche products and services within the appropriate market sectors, certain of which are showing early trends for growth and development.
Employees:
The business employs twenty full time staff consisting of 2 production staff, 2 CTP room, 4 Binders, 1 Driver, 1 sales, 4 Printers and 6 pre-press.
In addition 2 Part Time Admin staff and 3 part time Product staff support the current vendor with the day –to day running of the business.
Advertising and Marketing:
The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover.
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation. Direct sales are the responsibility of account managers who primarily seek to increase the value of their customer accounts.
The company has a web site outlining the business’s products and services and also describing the business history and offering customer case studies. It is possible that turnover could increase through further development of this additional medium.
Premises:
The business operates from leasehold premises in Margate, measuring circa 9,000 square foot, consisting of top level fitted workshops with machinery, pre-press room, office and toilets. A new lease from April 2008 will be available with negotiations for a ten or fifteen year lease with a 3 or 5 year break clause. Annual rent and rates combined are charged at £40,095 per annum.
Business Hours:
Monday – Friday 8.00 am – 6.00 pm
Security:
A fully fitted alarm system secures the premises.
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.
Annual turnover is circa £1,250,000 generating a gross profit of £587,000 and a operating profit of £157,000 with the net asset value of £66,489.
Reason for Sale:
This is a genuine retirement sale.
Support and Training;
Full support and training will be provided to the successful purchaser if required | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | IY079 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
