Status: Completed
Tenure: Leasehold
Leasehold Rent: £650 per month
Turnover: £78,000
Busy Printing Business in Cheshunt For SaleBusy Printing Business in Cheshunt For SaleBusy Printing Business in Cheshunt For Sale
£59,995 + SAV

Busy Printing Business in Cheshunt For Sale

Completed
  • Reference: 3070
  • Location: Waltham Cross, Hertfordshire
Hilton Smythe is delighted to welcome to the market this well-established and busy printing business in Cheshunt, Hertfordshire.

The business was originally established by our client in 1984 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 generates a turnover in the region of £78,000 per annum, with a good gross profit.

Our client offers a variety of printing services including office stationery, price lists and menus, leaflets, brochures, books and booklets, catalogues and handbooks, poster, diaries and calendars, business cards and envelope printing, to name a few. The premises are very spacious and well equipped to suit the trade.

The business has built up an enviable reputation within the area for the high quality of the services 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, perhaps by trading on Saturdays. A new owner could also embark on a modest marketing campaign to promote the services offered. There is already has an informative website in place to advertise the business at www.oreillyclark.co.uk.

This is an excellent opportunity for a new owner to take this already thriving and busy printing business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

TENURE

We are advised Leasehold:

Original lease length: 5 years
Remaining lease length: 2 years
Review every: 5 years
Rent: £650 per month

HOURS

The business is open:

Monday - Friday: 8.00am - 5.30pm
Saturday - Sunday: Closed

STAFF

The business is currently owner run and managed.

FINANCIAL PROFILE

The business generates a turnover in the region of £78,000 per annum, with a good gross profit.
O'Reilly Clarke Printing Services occupies substantial two storey premises, ideally located within the town of Cheshunt in Hertfordshire. The business is surrounded by complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The premises is located within a densely populated residential area, from which the business derives much trade. The business further benefits from good parking facilities within the area.

Cheshunt is a quaint town in Hertfordshire. It is a dormitory town and part of the Greater London Area. According to the 2001 census, the town had a residential population of 52,000. The town is located 13 miles from Charing Cross and12 miles from the City of London, making it one of the closest parts of Hertfordshire to Central London.

The area of the business is well served by the public transport system, with several bus stops being within easy walking distance of the property. Cheshunt railway station is just a ten minute walk away. The area is also well served by the A-roads, with the A10 being within easy driving distance, which links to the national A-road and motorway networks.
Substantial two storey premises in an ideal trading location, briefly comprising:

Ground floor:

Work room 1 with:

Konika bizhub C550 printing machine (leased).
1 x light table.
Desk with Macintosh PC.
Comb binding machine.

Work room 2 with:

Ideal 5221 guillotine.
3 x comb binding machines of various sizes.
Collator machine.
Paper drill.
Storage shelving.

Kitchen.
WC.
Storage area.

First floor main office:

3 x Macintosh PCs
Rubber stamp machine.
Fax.
Scanner.
4 x desks and chairs.
2 x filing cabinets.
Cupboard.

3 x further offices are available, which are currently rented out on a short term agreement.