Traditional Printing Company

Manchester, Lancashire
REF: 01013

Asking Price:
£74,950
Annual Turnover:
£164,000
Annual Net Profit:
£26,000
Recently Sold
REF: 01013
Photo of Traditional Printing Company

Overview

Tenure:
Relocatable
Established:
TBC
  • Huge growth potential
  • Very Loyal Customer Base
  • Excellent Reputation

A very rare opportunity to purchase one of the north west's longest established printers that has a solid clientele and busy order catalogue.

The business would make an ideal bolt on acquisition for any similar company wishing to grow and develop in the area.

The business is being sold as goodwill and assets only with no property attached with the sale. Therefore this is a genuinely relocatable option for any purchaser.

Intelligent Business Transfer are delighted to offer to the market for the first time this long established printing business that has an excellent reputation.

The business has been successfully trading for over 50 years and has only changed ownership a handful of times during this period: this goes to show the solidarity of the goodwill on offer. The business has been trading from the same position on greater manchester since inception. Throughout its trading history the printers have maintained the majority of their customers and have build an excellent relationship with their clientele. Because of this the business has managed to cumulatively grow year on year, even during difficult economic climes.

It is the reputation and regularity of custom that has allowed the business to reach a sustainable level of turnover which is currently over £160,000 and expected to increase further more. The profitability of the company is high due to the tried and tested business modal. As well as this the sale is inclusive of all necessary assets to operate successfully. The fixed tangible assets are valued at just over £10,000 with a full asset list to be provided on request.

The business is currently owned and operated by a partnership who successfully continue to grow and develop the business whilst maintaining the larger contracts with customers they have worked with for decades. The business currently trades from a unit on Stockport Road in Manchester; however due to the private sale of the premises the business is being sold as relocatable and void of property.

As a result of the previous points the business would make an ideal bolt on purchase for any exiting company looking to scale and develop this competitive area of which the company has a very strong hold in the market. The business is genuinely profitable and provides a good lifestyle for the owners. With development on the potential that can be utilised the business would be expected to double it's net profits. Currently the business declares a net profit of just over £25,000. However this can be adjusted to circa £50,000 and could surpass six figures with an increase of marketing.

The current owners have had the business since 2004 and are looking to sell in order to retire from a very successful period in the industry.

An early meeting is advised to appreciate the lucrative potential on offer.

Location

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup