Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Dynamic Print, Design And Publishing Business
LISTING DETAILS
Firms For Sale ID:
32746
Vendor reference:
IE086
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£299,000
Turnover / revenue:
£292,000
Net profit / cashflow:
£95,000
Trading hours:
Monday – Friday: 9am – 5pm (Flexible – dependant on workload)
Number of employees:
3
Employees / staffing:
The company employs 3 full time staff including the Managing Director.
OTHER DETAILS
Reason for selling:
The current owner now wishes to pursue other business interests
Support and training:
All support for handover and training will be provided by the owner as part of the successful sale package.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Leasehold: The lease has 6 years to run and we are advised by the owner that this is extendable. The Lease can be ended at any time by the tenant.
Rent: Circa £4,500 approx. per annum
Rates: As the building is a converted barn there are no business rates to pay at present.
BUSINESS DESCRIPTION
Dynamic Print, Design and Publishing Business
Ref.IE086
Location Leicestershire
Asking Price £ 299,000
This business has never been offered for sale to the market before, and represents a rare opportunity to purchase a solid, well respected business where around 80% of it’s increasing turnover is provided by the company’s wholly owned free booklet, which is delivered over a large area of the county. This provides an excellent foundation for the business’ printing facility. Circulation and advertising pages are being added regularly, and the publication proves very popular with advertisers due to it’s “no middleman” principle of cost effective advertising for small to middle sized local businesses. This allows said businesses to reach their target audience in a regular and affordable manner.
The owner has grown the business organically over the last 12 years, and limited company status was established 8 years ago.
The company is well structured and managed and presents an ultra clean image, which offers a superb turnkey opportunity with a sound business footing, good profitability ratios and a customer database of circa 1500.
Expansion Potential
Much further profitability growth is available to a new owner through further marketing and perhaps the franchising potential for the booklet. The introduction of the new e-commerce shop gives the company the potential to grow from a wider audience & producing jobs for the Wide Format Market now is also proving very successful.
Market / Competition / Non-Competition Agreements
The business obviously fully utilises the ready-made opportunity presented by its own publication, along with the introduction of the new web shop and social network sites.