Bespoke Design & Print Business
- Asking Price: £39,950 +SAV
- Turnover: KR Sign Design generated an advised turnover of circa £307,765 as of the 2015 accounts. Since then there has been a restructure of the business and in 2018 the business is due to turn over circa £130,000 with a net profit of circa £60,000. The assets are worth in the region of £15,000.
- Tenure: Business Only
Hilton Smythe welcomes to the market KR Sign Design who design, print and produce bespoke presentation products primarily used by NHS and schools. The business was established by our client in 1992, who is now looking forward to retirement.KR Sign Design produce, print and design the following for the NHS: • Bed head signs• Confidential information boards• Ward information boards• Staff photo boards• A&E plotter boards• Swab boards• Orientation boards• Chart holders• Clinic boards• Staff duty boards• Major incident boards• Magnetic poster • Safety & performance boards• Floor graphics• Nutrition boardsThey also design, produce and print the following for schools: • Staff photo boards• Staff duty boards• Staff location boards• Roller bannersThe business has many repeat orders from existing customers, and only has 3 other companies competing for the same business across the UK.The business is being sold with the website www.krsigndesign.co.uk.However, there is plenty of room to grow the business as only 0.2% of the NHS market is covered by the company and due to a recent re structure in the company they have not canvassed for any business over the last few years. Ideally the company will be taken on by another like-minded company to expand the business back to its former figures as although the business is still profitable it was turning over in excess of £300,000 only 2 years ago. Our client is comfortable in staying on for a time in a consultancy basis during the transitional period.Hilton Smythe highly advise early viewing to avoid disappointment.
The business is currently run and managed by our client, with the help of 2 freelance members of staff.
The business opening hours are currently 9.00am – 5.00pm Monday – Friday.
KR Sign Design is currently located just outside Leicester. However, as this is a business only transaction the business can be moved anywhere and is an ideal add on to an existing business.
This is a business only transaction therefore the business is being sold with the following:• The website www.krsigndesign.co.uk• 4 computers and the full computer system• Summa Plotter D120• Easymount Laminating Machine• Mutoh Printer• Charnwood saw bench• Further equipment to be advised
This is a business only sale.