IY105 -Printing Service and Retail Stationery
Business for sale
Asking Price:
£125,000
Turnover:
£160,000
Annual profit:
£39,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Established in 1959 and based at the current premises for twenty five years, this business has built up a superb reputation. The business offers a broad range of services. On the printing side, the business offers colour digital, litho, cutting and creasing and booklet making. The printing operation is conducted from the rear of the premises. At the front of the property, the business offers a stationary and key cutting service.The business has invested in some high quality machinery over the years. Of particular note are the Heidelberg Press and the cutting and creasing equipment that is now difficult to source. The business does in fact obtain contracts from other printers who do not have this type of machinery.
The two main aspects of the business, namely printing and stationary compliment each other well. By combining these two services, the business has been able to up sell to many of its long standing and loyal customers. The business has excelled at retaining its clients. The business has determined that on average it works with each of its clients for approximately ten years.
The business is located in an excellent high street location with large levels of passing trade. The business benefits from being situated in an affluent part of the country that continues to thrive. The business historically operated in London itself and the legacy of this is that a number of clients are from the London area and are therefore generally provide more regular work. Being based outside of London ensures that this business has lower overheads and that it is able to compete with London based printers.
Employee details
Fulltime staff:
0
Parttime staff:
2
