Intelligent Business Transfer are excited to offer to the market this exciting opportunity to purchase a profitable printing business that has successfully filled a gap in the local market within Driffield. The business has built a solid client base throughout its extensive trading history and provides scope for growth.
The business holds an efficient location which combines a practical workspace with a high street location; this allows for a range of customers for the business. The business specialises in all aspects of printing and design, ranging from drop-off leaflets and business cards through to bespoke marketing campaigns that are supplemented by consistent retail sales of around £3,000 on average weeks.
The business is one of the longest established privately owned businesses in Driffield and has ascertained a strong amount of regular clients over this period. The printers have only changed ownership a handful of times during its history and have ascertained a favoured reputation in the setting that it is based within.
Whilst currently having an existing turnover of around £175,000 there is visible potential for growth within online sales and marketing exposure. The unit that the business trades within is hugely practical and can easily facilitate increased operating scale.
The business has a firm net profit of over £25,000 which can be increased further more with various adjustments. The business is able to buy stock in bulk and utilise economies of scale in order to return strong gross margins in excess of 75%. The unit that the business sits within has undergone extensive renovation and the sale is inclusive of all fixed assets.
The business could be excellently run as an owner operated business, although it would certainly be expected to excel if purchased as a bolt on acquisition. The current owner is looking to sell and retire after a successful period of ownership.
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