"Selling your business is our business"
"Selling your business is our business"
Fully describe the business's activities?
This business does everything related to printing.
They do signage boards, sticker and vinyl printing, car wraps, paper printing, business cards and more.
They are the only business in the area that provides printing services.
The owner started the business at home, but has since needed to upgrade to a permanent store for space.
How long has the business been established?
The business was started in 2019.
How long has the owner had the business?
Since the business was started.
How does the business operate on a daily basis?
The owner and his wife come into the store in the mornings.
The owner then starts with any wraps or large printing jobs and his wife with the day to day operations.
Some days they need to go to locations to put up signs and boards or to wrap vehicles.
How are the clients attracted to the business?
Word of mouth is the main attraction.
Facebook marketing.
Signage that advertises them.
What Advertising/Marketing is carried out?
Facebook, signage around town.
What competition exists?
No competition in the area.
What are the seasonal trends?
Business is busy year round, but there is an increase in orders between Oct-Jan.
Are there up-to-date Management Accounts available?
Yes there is.
What percentage of the business is cash/credit?
About 20% cash and 80% electronic (EFT and Card)
How could the profitability of the business be improved?
More marketing and more production.
What is the total staff complement?
2
Give a breakdown of staff/ functions/ length of service?
Owner - Printing and installation.
Owners wife - Printing and accounting
How involved is the Owner in running the business?
The business is owner operated currently.
When does the current lease end?
Lease has been extended untill may of 2028
What is the annual escalation %?
7
What are the trading hours?
Monday
8:00â¯AM - 5:00â¯PM
Tuesday
8:00â¯AM - 5:00â¯PM
Wednesday
8:00â¯AM - 5:00â¯PM
Thursday
8:00â¯AM - 5:00â¯PM
Friday
8:00â¯AM - 5:00â¯PM
Saturday
8:00â¯AM - 1:00â¯PM
Sunday
CLOSED
What are the main assets of the business?
Owner has printing machines and tools included in sale.
What is their overall condition?
Good but used.
How have they been valued ?
Yes with fair market pricing.
Strengths?
Business has no exciting competition and as such is thriving.
Husband and wife team works well together and the business does not need a large staff component.
Weaknesses?
The owner operates the business. As such if the owner does not do the work no revenue is produced.
Opportunities?
More marketing can result in more work and orders.
Employ perhaps 1 person to assist.
Larger team of staff may also increase total productivity and result in more projects being completed.
What is the reason for the sale?
Owner had a health scare last year and has since decided to retire and sell the business.
Why is this a good business?
This business is great for someone who wants to enter into the exciting world of printing, designing and signage.
It has established itself as the only place to do any sort of printing in the area.
This business is situated in a town that has experienced growth over the past 5 years, which clearly shows in the scale of the business and they are still growing.
