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Businesses For Sale > Business For Sale in North Somerset and Wiltshire, UNITED KINGDOM - UK (UK)

IY121-Somerset-520,000-DIGITAL DESIGN, PRINT & SIGNAGE Company for sale in North Somerset and Wiltshire, UK

North Somerset and Wiltshire, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 520,000 £ 580,000 Undisclosed

Business Summary:
DIGITAL DESIGN, PRINT & SIGNAGE CompanyDesign for web & print in 2x high profile locationsRef. IY121Location : North Somerset and WiltshireAsking Price : 520,000 inc. Net AssetsThe 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.

 

   
Year Business was Established: 1987
   
Number of Employees: 08FT/02PT  
   
Facilities / Terms of Lease: 1. Central High Street location, double fronted and freehold 2. Central High Street location, leased Full details available.  
   
Potential Growth/Expansion: 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 100,000 in turnover with commensurate profitability.  
   
Competition: 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.  
   
Owner willing to train: One shareholder will be staying on at the business and ensure a smooth handover.  
   
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.  
   
Seller Reference Number: IY121
BusinessMart.com Listing Number: 227764
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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