Digital Printing and Scanning Company for sale

Reference Number: HCH254

Location:

Turnover: £390k

Status: Offers invited

Click to download Business Summary PDF

Click to download Non Disclosure Agreement

Business overview

–      An outstanding opportunity to acquire a profitable digital copy, printing and scanning business, based in London.

–      The company provides large and small format, high quality digital copying, printing and scanning services along with extensive print finishing and collection & delivery.

–      The company has an excellent reputation for quality and efficient service, which has enabled them to build an excellent level of client loyalty.

–      Typical customers include contractors, architects, engineers, construction companies, property developers, and legal firms.

–      Despite a drop in sales over the last few years, the business remains profitable achieving 24% (£80k) adjusted EBITDA in 2012-13 and is confident of achieving 37% (£145k) adjusted EBITDA in 2013-14.

–      Significant synergy savings are possible for a trade buyer to increase profits by £60k.

–        Circa 90% of the business is recurrent work from the existing client base, which leaves significant potential for the new buyer to expand the business through re-invigorated marketing.

–        The company operates from one location to service clients across Central London

Products and Services

–        The company offers large and small format, high quality digital copying, printing and scanning services coupled with extensive print finishing and collection and delivery.

–        The company places a priority on producing highest quality, responding to customers 24/7, and delivering reliably on-time.

–        The company is ISO 9001 and ISO 14001 registered.

Employees:

2 directors + 4 full time staff (1 production manager, 2 operators and 1 driver) + 1 book keeper part time.

Premises:

Two leasehold premises in London.

Total rent and rates: £18,400 per annum

Reason for sale:

There has been a level of downsizing of the business over recent years. Whilst the directors have turned the business around over the last 12-18 months, they feel that the company would be better managed by a new owner with more vigour and ambition.

The sale has been instructed to allow the directors to exit the business. However both are open to staying on in a management capacity for some time to come, beyond the usual handover period, subject to agreed terms.

Financial overview

Year ending 31st March

2010-11

2011-12

2012-13

2013-14
Forecast

Sales revenue

£429,702

£387,801

£330,864

£390,000

Gross profit

£322,733

£290,588

£241,774

£292,500

Percentage

75%

75%

73%

75%

Adjusted EBITDA

-£111

£25,058

£79,994

£145,300

Percentage

0%

6%

24%

37%

The adjusted EBITDA is stated after having paid the replacement cost of the vendors.

Significant synergy savings of over £60k are possible through consolidation of premises, management and administrative costs. Based on the 2013-14 forecast figures, this would enable the strategic buyer to achieve an EBITDA of more than £200k.

The resale value of the plant and equipment is estimated at £75k

Offers invited

Request further information on this business












> View our other Businesses for Sale.