Status: Completed
Tenure: Leasehold
Leasehold Rent: £13,000 per annum
Turnover: £228,545
Fantastic Profitable Printing Company In GloucestershireFantastic Profitable Printing Company In GloucestershireFantastic Profitable Printing Company In GloucestershireFantastic Profitable Printing Company In GloucestershireFantastic Profitable Printing Company In GloucestershireFantastic Profitable Printing Company In GloucestershireFantastic Profitable Printing Company In GloucestershireFantastic Profitable Printing Company In Gloucestershire
£59,999 + SAV

Fantastic Profitable Printing Company In Gloucestershire

Completed
  • Reference: 2653
  • Location: Stroud, Gloucestershire
Hilton Smythe are delighted to welcome to the market Majuba Ltd. The business specialises in a range of printing and print management.

Business activities-
Printing services and print management
Print runs-internal printing for smaller runs
Print management for larger runs
Litho printing for larger runs managed
Digital printing, in house for smaller runs
Merchandising services
Specialist in the Restaurant/Hospitality sector producing print and POS material and merchandising matter.
Retail store for greeting cards and specialist printing papers. Flyers, Business cards, Booklets and Banners etc.
Branded gifts and promotional items
In house design studio

Our client have offered these services since 2009, and have built up a fantastic client base. They are now reluctantly selling the business due to poor health and the desire for retirement. The business has hit a turnover of £1million plus for several years, and has only recently dropped due to our client's poor health. With a high number of repeat customers there is no cashflow problems or outstanding debts.

Our client advises that the business could be easily run by someone with no experience, as she is offering a 6 month hand over period. But does say that a buyer with experience in sales could help this business thrive further.

The current staff are happy to stay at the business and are willing to offer their valuable advice and knowledge. The sale includes a significant number of blue chip clients.

The business has a website http://majuba.biz/ which is included in the sale, and has recently been upgraded to include a Google maps tour of the business. The business also sells their products on EBay and have a 100% rating.

The business also has one of the most robust cloud based W2P order systems in place, and some of the larger clients are already signed up to it.

This business could be improved in a few ways such as arranging a marketing and advertising campaign to boost turnover further. Social media could be used for free advertising, the business could take advantage of this and gain more customers.

TENURE

We are advised that the business is leasehold
Original lease length 3 years
Remaining length of lease 18 months
Review period 2 years
Rent £13,000 per annum

HOURS

Business opening times-

Monday-Friday: 9am-5pm
Saturday the business is open by appointment only.
Sunday- Closed

The business is also closed on public holidays.

STAFF

The business is run and managed by our client with the help of 2 full time and 1 part time members of staff.

FINANCIAL PROFILE

We are advised the turnover for the business is around £228,545 per annum
With a gross profit of 46%
Majuba Ltd is located in Stroud, Gloucestershire. Based on a very busy round about, the business gets a lot of attention from passing trade. 2 minutes down the road is Stroud train station, and with a bus stop close by this business is well provided with public transport, allowing customers to travel to the business freely.

The business is situated at the main entrance of the town centre, with a mass amount of footfall in this area, the business is in the perfect location. Around the area is several carparks to meet the demands of customers.

Close by are a mass range of different types of shops and business, potential customers for this business. The immediate area is being redeveloped to include office and residential use, and this will increase footfall considerably.
The business is a characterised detached building in a prominent position. The front of the property is well signed and has two parking spaces.

The shop is a good size with windows to three sides creating a light airy atmosphere.

The main shop has perimeter display shelving filled with different coloured cards and sizes advertising what products are on offer. There is a greeting card racking, three desks and a counter with tills. On the walls are several displays, advertising their products.

Production room-
Dual aspect desk
2013 Imac with 27"monitor
Perimeter shelving

Equipment:
2x Trimfast guillotines
HP DesignJet Z2100 large format printer
A1 Laminating and encapsulating machine
Duplo DBM70 Booklet Making Machine
Programmatic SRA2 guillotine
SRA3 Hand Creasing machine
Konica Minolta Biz Hub Pro Digital Printer with large feed hopper and booklet maker. This was one of the first machines of this model in the Country in 2014, and produce up to SRA3 both side in one pass.


The basement is currently used for stock finishing, and also a staff room.

Fixtures:
Perimeter shelving
Fridge freezer, microwave a small kitchenette a room for a kettle.

Equipment-
Paper Drill
Renz DPT340A Ring Binding Punch
CFM600 Folder
Sterling Padding Press
HFP3x3 Compact Hand foil Blocking Machine
OSLO calendar cutter