This busy manufacturer of engraving tools for book binding graphics and designer lettering currently occupies premises in Portslade, Brighton. This is a business only sale and there is no property included within the sale.
The business was established by our client in 1981 and is only now being offered to the market, due to our client's desire for a well-deserved retirement. The business currently operates 5 days per week and generated a turnover in the region of £178,000 per annum, with a gross profit of approximately 62%, according to the 2016 accounts.
Our client produces a variety of engraving and book binding tools such as hand tools, brass type, handle letters, decorative wheels and fillets, decorative & line pallets and gouges, to name a few. The business offers the highest quality tools, supplying bookbinders, restorers, teachers and students.
The business has built up an excellent reputation for the very high quality of the goods offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign, to highlight the goods and services offered. The business already has a very informative website in place to promote the goods.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to void disappointment.
TENUREWe are advised Business only.
HOURSThe business is open:
Monday - Friday: 9.00am - 5.00pm
Saturday - Sunday: Closed
STAFFThe business is owner run and managed with 2 x full time staff members.
FINANCIAL PROFILEThe business generates a turnover in the region of £178,000 per annum, with a gross profit of approximately 62%, according to the 2016 accounts.
P & P Engraving is a fully-relocatable business opportunity, which currently occupies industrial premises in Portslade, Brighton. This is a business only sale and could be re-located anywhere within the UK.
Equipment included in the sale:
2 x George Alexanda die sinker machines 3A models.
2 x George Alexanda die sinker machines 2A models.
2 x George Alexanda pantograph machines (swan necks).
Bench mode vertical mill.
AXE surface grinder.
Lienhard pantograph machine (swan neck).
Verticle milling machine.
2 x horizontal centric machines.
2 x pillar drills.
Specialist engraving tools.
60 x masters of type.
1,600 x tool masters.
700 x wheel masters.