Ad ID: 84523
Design and Print Solutions Business for Sale South Island
Printing Profits â€“ Price Drop $639,000 now $549,000
Business for Sale Description
Design and Print Solutions Business for Sale South IslandTwo Locations: Invercargill and Cromwell
This digital printing and publishing business Quantum Print has two high profile locations in districts that are experiencing a significant upturn in commercial activity, with one being in a popular holiday destination and construction hub for the Queenstown Lakes District.
Established 16 years ago, this business has all the systems and processes in place as well as a stable, loyal and experienced workforce which will ensure an easy transition for the new owner.
Both branches offer fast, high quality, cost effective design and print solutions and as a result of their top level service, the business has developed great relationships with the local community. Income stream is varied and spans across a wide customer base with no dependence on any one customer for current or future business.
Turnover for the past four years is circa $1million PA with an annual surplus of around $272,000 to one fulltime working owner whoâ€™s in the office Monday to Friday, 8am till 5.
Turnover for the 2020 year was up by 7.6% on 2019.
The rent is affordable at just 4.6% of turnover with good leases in place and there is a fixed asset register totalling $533,036 at cost price.
The plant and equipment, well maintained under a service contract, is fit for purpose and ready to continue giving reliable service for years to come.
Asking Price is just $549,000 which is a low multiple of only 1.98 x surplus.
Owner is retiring and offers generous assistance period and restraint of trade so what are you waiting for!? Visit www.barkerbusiness.co.nz/BBS2512, register your details and submit the online Confidentiality Agreement. Doug will be in touch as soon as he receives your expression of interest.
Licensed REA2008. Copyright Barker Business Brokerage 2020.
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