Sold
Fantastic Profitable Printing Company In Gloucestershire
Stroud, Gloucestershire
- Asking Price: £59,999 +SAV
- Turnover: We are advised the turnover for the business is around £228,545 per annumWith a gross profit of 46%
- Tenure: Leasehold
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 managementPrint runs-internal printing for smaller runsPrint management for larger runsLitho printing for larger runs managedDigital printing, in house for smaller runsMerchandising servicesSpecialist 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 itemsIn 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.
The business is run and managed by our client with the help of 2 full time and 1 part time members of staff.
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.
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 desk2013 Imac with 27”monitorPerimeter shelving Equipment:2x Trimfast guillotinesHP DesignJet Z2100 large format printerA1 Laminating and encapsulating machineDuplo DBM70 Booklet Making MachineProgrammatic SRA2 guillotineSRA3 Hand Creasing machineKonica 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 shelvingFridge freezer, microwave a small kitchenette a room for a kettle. Equipment-Paper DrillRenz DPT340A Ring Binding PunchCFM600 FolderSterling Padding PressHFP3x3 Compact Hand foil Blocking MachineOSLO calendar cutter
Tenure
We are advised that the business is leaseholdOriginal lease length 3 yearsRemaining length of lease 18 monthsReview period 2 yearsRent £13,000 per annum
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