Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Established Signage Company Digital & Screen Printing To Estate Agency Market
LISTING DETAILS
Firms For Sale ID:
35055
Vendor reference:
IY123
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£175,000
Turnover / revenue:
£409,000
Net profit / cashflow:
Undisclosed
Years established:
30
Trading hours:
Mon – Fri - 8.30 – 4.30pm
Number of employees:
3
Employees / staffing:
The vendor works within the business more on a strategic basis and tends to oversee the operation. The business employs 2 full time production staff who understands the business as well as a part time office manager.
The business is relatively simple to run. Staffs are a real asset and can multi-task and complete a variety of tasks.
OTHER DETAILS
Support and training:
The current owner would be happy to provide full support at handover. The full time staff would make the transistion relatively straightforward.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Established Signage Company
Digital & Screen Printing to Estate Agency Market
Ref. IY123
Location : Northamptonshire/E Midlands
Asking Price : £175,000 Inc. Net Assets
This very well established business was set up some 30 years ago by the current vendor and is now considered one of the leading UK suppliers in its field. The company offers the full range of high quality digital and screen printing signage services but has chosen to specialise in the design, manufacture and supply of estate agency boards as its core revenue stream. This area of the business accounts for some 80-90% of current revenues and the business supplies nationwide.
The company has built up a very large customer base throughout the UK. Customers include national brands right through to small independents, be they estate agents or sign makers who use this company for the expertise in this particular niche sector. It has excellent spread with in excess of circa 500 existing customers. This is the core of the business but the company also has the ability to provide specialist signage and banners that are digitally mastered and professionally manufactured.
The company has invested in technology (plotters, laminators, software design packages etc.) and equipment over time to ensure it can provide a comprehensive turnkey solution with high quality images and quick turnaround times. It typically services some 50 clients each and every month.
The company are regarded as a very well established and trustworthy supplier and because of this enjoys impressive levels of repeat business, having enjoyed steady organic growth. There are only a few other companies operating in the UK who can provide this level of service.
The business enjoys healthy levels of profitability and has a loyal customer network. It has a good asset base, low running costs and is simple to run. Staff are loyal and they understand the business.
Expansion Potential
There are many many new fields that can be entered into within digital print technology should a new owner wish to diversify. The skill set /infrastructure is already within the company to do this.
Market / Competition / Non-Competition Agreements
The business does very little in the way of self-promotion and marketing, preferring to rely on repeat business and referrals to generate sales. However it does have its own website and does some advertising via Google. There is further scope to increase its exposure should a new owner so require.