IY124 - Complete Print And Copy Shop

Ref No: IY124 Location: Kent Leasehold Available Inc. Carpark Asking Price: ?195,000 Incl. Net Assets Business highlights include: Turnover 2020/21 circa ?337,000 p.a. Gross profit circa ?263,000 p.a. Adjusted EBITDA circa ?85,000 p.a. Net assets circa ?115,000 Very well established over 35 years Superb profit margin Extensive premises with private car park Retail shop adjacent to print facilities Experienced Staff Excellent repeat customer base Fully equipped for a wide range of services State of the art colour presses Business Profile: The company was originally founded in 1985 to provide copy & print services to local businesses. Over time the business has become one of the most diverse copy/print shops in the UK. The business is well structured with an excellent and consistent trading history and repeat client base showing continuous profit. The owners have been running the company from their premises based in Kent which accommodates not only the state of the art print and copy equipment but also a hugely successful retail shop selling print and stationary related products. There are currently 4 members of staff employed across the business. The business is well established, profitable and has enormous potential to grow further. According to startups.co.uk the copy shop sector is worth in excess of ?1 billion in the UK and is still set to grow. This business provides a highly competitive portfolio of copy and print services and has succeeded by remaining timely in adapting to the shifting technological demands of this industry. Services include: Kodak Self Serice Kiosks: State of the art printing while the customer waits Wide Format: Large format poster machines for lightfast internal or external posters, stickers and photo prints Digital Printing: Same or next day colour print that?s flexible at a price to suit any budget. Small-high volume runs at high quality Signs & Display: From shop display to exhibition stands, produced in-house and using eco-friendly materials Gift Printing: Canvas prints, T-Shirts, Mugs, Mouse Mats, Christmas and Celebration gifts Clients: The business has a large and loyal client base ranging from multi national companies to local businesses and high street retail customers. There are typically over 400 customers per week. Technology: All necessary equipment is in place required to run a successful digital copy, print & display business; a full inventory of equipment is available to all genuinely interested parties. There is an operational website with huge potential to expand and promote a greater online presence for clients. Key Strengths: With many years of experience in the business, the owners take pride in the reputation it has established, placing it above much of the competition and gaining plenty of referral work by word of mouth. The business is sited prominently and is well appointed, offering a welcoming and professional environment for clients to discuss their needs. The business has a comprehensive portfolio of assets for in-house digital print, signage, finishing and packing. The digital print and signage market is predicted to at least double in the next 7 years, whereas litho is in decline. This is a transfer of production from old to new technology. The business employs 4 fully trained staff, with an average of 30 year?s experience. Growth and 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. There are multiple further income streams that could be developed including passport photos, corporate clothing (equipment already in situ), increasing stationery stocks and new photo products as well as shop signage and printed wallpapers. The online presence and ability to commercialise a number of products offers great potential to increase revenue. Advertising: 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. Further business could be generated by a clear social media campaign with a range of SEO and PPC advertising. Employees: The business is currently being run by 4 full time staff. Business Hours: Monday to Friday: 8:00am ? 5:00pm Saturday: Closed Sunday: Closed Premises: The business operates from prominent and well accessed premises in Kent. A 5 year lease is available. Car parking is on site. Full details available. Financial Information: The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business has achieved a history of excellent turnover and profits consistently over 5 years even through Covid. Turnover is up approximately 20% for the current year. Turnover to 31st July 2021 ?337,218 p.a. Gross profit circa ?262,695 p.a. Adjusted EBITDA circa ?85,000 p.a. The Asking Price of ?195,000 includes net assets and is for 100% of the issued capital of the company (calculated on a zero cash-zero debt basis). A complete asset list is available. Reason for Sale: This is a retirement sale. Support and Training: The existing directors and shareholders will provide full support and training to any purchaser.

For more information on IY124 - Complete Print And Copy Shop talk to Turner Butler Limited (Business Broker)