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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.
Graphic Services: Web Design, Guidance, advice, concept design and project management delivered by an in-house design team
Wide Format: Large format poster presses for lightfast internal or external posters, stickers and photo prints
Litho Printing: Superior quality large run litho print from trusted suppliers
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 fascias to exhibition stands, designed and produced in-house by the sign team using eco-friendly materials
Vinyl Graphics: Internal and external cut vinyl graphics for any application including vehicle livery, shop displays, wall graphics & T-shirts.
The business has in excess of 600 customers, 80%of which are B2B, 50% of these are invoiced regularly. The remaining are typically high street customers and as such are credit/debit card or cash transactions, providing excellent cash flow.
All necessary equipment is in place required to run a successful digital design, print & signage business; a full inventory of equipment is available to all genuinely interested parties.
Recently £12,000 has been invested into the website which also offers e-commerce.
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 in both locations and are 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. There is still a demand for lithographic work however and this is therefore contracted to reliable and trusted partners.
The business employs 11 fully trained staff, with an average age of 30yrs. A number of whom have completed apprenticeships during their time with the company.
The business is very stable and benefits from low risk of failure since its activities and invoicing is spread across an average of 1,600 customer transactions per month and within a 20 mile radius.
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 over the years.
Combined turnover 2017 circa £580,000 p.a.
Gross profit circa £400,000 p.a.
Adjusted EBITDA circa £85,000 p.a. after management charges
The Asking Price of £375,000 including net assets of c£100,000 is for 100% of the issued capital of the company (calculated on a zero cash-zero debt basis). A complete asset list is available. There will be a £ for £ adjustment to the final sale price to reflect any movement at completion away from the £100,000 net asset figure.
The business operates from two cities in Somerset and Wiltshire.
1. Central High Street location, double fronted. A new lease to be agreed. The freehold is available by separate negotiation.
2. Central High Street location, leased
Full details available.
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.
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.
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.
Monday to Friday: 8:45am – 5:15pm
Saturday: 10:00am – 4:00pm
One shareholder will be staying on at the business and ensure a smooth handover.
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