Printers/Print Shop for sale in Essex

View the "Retirement Sale of Litho and Digital Printing and Stationery Manufacturing Company - Essex" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £500,000 Annual Turnover: £1,700,000 Annual Gross Profit: £1,300,000 Annual Net Profit: £110,000
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Business Description
The Business was established in 1980 as a partnership, incorporating as a limited company in 1986. All of the shares are owned outright by the current managing director who was the original founder of the company.

Predominantly work is produced directly for the end user and there is an element of trade work. The largest single client was responsible for 13% of the overall turnover in our last financial year, however, this is expected to decrease to an estimated 8% as a major customer of ours began using a facilities management company throughout the year and they in turn placed most of that work, together with additional work from their other clients, with us, resulting in 13% of our turnover, however, our original customer has now returned and is placing the work directly with us once more.

Most of the clients are of long standing and of a sound financial background which helps to the substantiate the fact that the record of bad debt over the entire history of the company is almost non existent.

The turnover is made up of approximately 49% litho printing, 35% Digital, (including personalisation), 13% Stationery manufacturing, with a small degree (less than 5% of specialised print finishing services) and some large format digital services that are outsourced.

The owner and vendor of the business spends, on average, less than 1 day per week physically at the premises, he has no direct involvement with any of the company’s clients.

This was a deliberate policy to ease the way of transferring the business to a new owner as and when the time was right.

All equipment utilised by the company is owned outright and there are no bank loans, outstanding hire purchase or leasing commitments on anything other than the lease on the premises.
Number of Employees:
The company currently employs 23 staff and the day to day running of the business is handled primari

Tenure: Leasehold

Location Details:
The company occupies a flexible, leasehold industrial premises in a good location with easy road and rail links to London and the surrounding counties.

Listed by: Turner Butler

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BFS1910
Seller Reference:
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