JI006 -Distributors of Commercial Print Laminating Machines & Print Finishing Equipment
Advert ref: #4304
Category: Distribution and Delivery
Location: England -> Yorkshire & Humberside -> West Yorkshire
Category: Distribution and Delivery
Location: England -> Yorkshire & Humberside -> West Yorkshire
Business for sale
Asking Price:
£120,000
Turnover:
£190,000
Annual profit:
£60,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This is a great opportunity to aquire a well established, independently owned distributor that retails, installs, repairs and provides service maintenance for well established brands of laminating machines and print finishing equipment, for the UK and Irish printing industry. The business has the selling rights to major European brands that are perceived by the trade as some of the finest laminating machines and print equipment available on the market.The company has been trading since 2003 and have continuously made a profit. The majority of the turnover comes from the sale of the machines with a small amount coming from maintenance contracts, but revenue from laminating film is growing. Cash flow is good as machines are paid for in advance of installation.
The company are distributors of a well known brand, which has a full and comprehensive range of 26 machines, from fully automated laminating machines selling at circa £55,000, to simple manual feed/ manual separation laminating machines that sell at circa £5,000. They also recondition and re-sell second hand machines with all re-furbishment carried out in-house.
This is an all year round, well run and easy to operate company that has a good trading record since its appointment as a UK & Ireland distributor. The business has a dedicated UK website and advertise on a regular basis in specialist print trade magazines. Every year the parent company takes a stand at the European IPEX exhibition and the UK distributor is always in attendance.
The owner is reaching retirement age and recently had a health scare. He believes that new owners would be able to benefit from the change in printing processes, and the increase in demand for the product. The forecast is for continued sales growth of laminating machines.
Employee details
Fulltime staff:
10
Parttime staff:
1
