Description:
PROMINENT CENTRAL LOCATION
LONG ESTABLISHED CONCERN
BROAD AND LOYAL CUSTOMER BASE
EXTENSIVELY EQUIPPED CONCERN
VENDOR WISHING TO RETIRE
OUR REF: 5195
ASKING PRICE O/A £105,000 + SAV
As an independent supplier of graphic design, print and copy the business in various forms has occupied the same prominent site for nearly 40 years. As an independent Company moving with technology it styles itself as a digital printer and offers a fast service, quality products at reasonable prices. The Company also offers a full offset litho service using outside trade suppliers together with a wide array of in-house print finishing. Having a very prominent shop frontage gives the advantage of a broad and varied customer base – ranging from private individuals, societies, churches, schools and of course a wide variety of businesses. The vendor (wishing to retire) has negotiated a very lucrative 2 year extension to the current lease of the premises giving the new owner(s) the opportunity to get a feel for the business and make the appropriate decisions; the vendor also informs us the landlord is prepared to negotiate a new lease with a suitable applicant if they so wish. This business would give an extra dimension to an existing litho print supplier wanting to enter the digital marketplace with all the plant/equipment and customer base or to someone wishing to acquire their own business in this type of trade with the advantage of an existing customer base.
The vendor has informed us he is willing to offer a period of oversee to ensure a smooth transaction of the business.
TURNOVER: - We are informed by the vendor that the Sales for Y/E September 201 were £142,847
STAFFING: - 3 Full-time to include Vendor and Graphic Designer plus 1 Part-time.
REASON FOR SALE: - Vendor wishing to retire.
INTERNAL VIEWING ESSENTIAL TO APPRECIATE JUST WHAT IS ON OFFER.
LOCATION: - Prominent central position.
PREMISES DETAILS:
Approx’ 1100 sq ft ground floor premises comprising:-
Sales shop/Print Room.
Office.
Design Room.
Finishing Room.
Store Room.
Kitchen.
W.C.
TENURE: - Leasehold.
TRADING HOURS: - 8.45am – 5.15pm Monday to Friday. 9.30am – 1.00pm Saturday.
Asking Price:
GBP £105,000.00
Our Ref:
5195
Terms of Sale:
Unspecified
Revenue (Income):
GBP £142,847.00
Net Profit (Cash Flow):
Undisclosed
Time Established:
Approx' 40 years
No. of Employees:
3 Full-time to include Vendor and Graphic Designer
Trading Hours:
8.45am – 5.15pm Monday to Friday. 9.30am – 1.00pm Saturday.
Reason for Sale:
Owner wishes to retire
Support & Training:
The vendor has informed us he is willing to offer a period of oversee to ensure a smooth transaction of the business.
Owner Financing:
No
Value of Fixtures/Fittings:
Undisclosed
Value of Stock/Inventory:
Undisclosed
Website:
Property Type:
Leasehold
Leasehold Rent:
Undisclosed
Location:
Prominent City position
Premises Details:
Approx’ 1100 sq ft ground floor premises comprising:-
Sales shop/Print Room **** Office ****Design Room **** Finishing Room **** Store Room **** Kitchen **** W.C.
Size (Sq meters or feet):
Approx' 1100 sq ft