Total of 18798 firms and businesses for sale today Sunday 21st October 2018
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Finance And Services:

Business For Sale. Digital Design, Print & Signage Company

LISTING DETAILS
Firms For Sale ID:
34908
Vendor reference:
IY121
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£520,000  
Turnover / revenue:
£580,000
Net profit / cashflow:
Undisclosed
Years established:
30
Trading hours:
Monday to Friday: 8:45am – 5:15pm Saturday: 10:00am – 4:00pm Sunday: Closed
Employees / staffing:
The vendor is supported by 8x full time staff including: 2x Managers 2x Signage operatives 4x Front of house assistants And 2x part time staff in general administration

OTHER DETAILS
Reason for selling:
Of the two shareholders, one shareholder wishes to retire and the second is happy to remain with the business. This shareholder is prepared to retain a shareholding in the business if a buyer wishes and terms are agreed.
Support and training:
One shareholder will be staying on at the business and ensure a smooth handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
DIGITAL DESIGN, PRINT & SIGNAGE Company
Design for web & print in 2x high profile locations
Ref. IY121
Location : North Somerset and Wiltshire
Asking Price : GBP 520,000 inc. Net Assets
The company was originally founded in 1987 to provide fast turnaround design & print services to local businesses. In 2003 it became a Limited company and in 2008 established a second location.
Over time the business has kept up to date with technological advances and to its well established Litho services has added digital print, large format printing on multiple substrates and website design services for more complex commercial requirements. These include; website hosting, brochure websites and retail sites. Content is provided by clients.
The business is well structured with an excellent trading history and repeat client base showing continuous profit.
The owners have been running the company from two modern, well appointed, high street, central sites in two busy and well known commercial towns in North Somerset and Wiltshire; and as an ever growing business it is believed that there is huge growth potential for a highly motivated owner.
There are 11 members of staff employed across the two sites on fixed contracts.
The business is well established, profitable and has no bad debts. It offers a highly competitive portfolio of design and print services and has succeeded by remaining timely in adapting to the shifting technological demands of this industry.

Expansion Potential
Digital print is forecast to double its market in the coming years and this business is well positioned to take maximum advantage of this trend.

In March 2017 the business added web design and hosting to its portfolio of services, which is showing good progress with high margins.

In line with recent data it is believed that an additional sales person could add an extra GBP 100,000 in turnover with commensurate profitability.

Market / Competition / Non-Competition Agreements
The business engages in local press advertising & social media and has a comprehensive and attractive website, detailing its services and has profited from strong word of mouth referrals and recommendations.