turner-butler

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Specialist Printer & Supplier of Corporate Pens
Established for over 10 years

Ref. AN042

Location : Buckinghamshire

Asking Price : £130,000

Turnover : £250,000

Net Profit : Undeclared

Gross Profit : £130,000

EBITDA : £50,960

Net Asset : £30,000

Premises : Not Included

Confidentially offered for sale


  • Turner Butler

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Asking Price: £130,000 Inc. Assets
Asset sale

Business highlights include:

Turnover circa: £250,000 per annum
Gross Profit circa: £130,000
Adj EBITDA £50,960
Equipment Value circa: £30,000

Financially sound & well established
Run under management
Wide range of popular products
Quality products & Service
Attractive & comprehensive website
Positive reputation nationally
Well equipped and modern premises
Goodwill

Business Profile

This is an excellent opportunity to acquire a very well established, specialist printing company for corporate pens that has traded successfully, in the same ownership since 2006. The business, which was established by the current vendor, offers a professional sales service with a comprehensive choice of every quality of corporate pen and supplies to internal marketing departments, event companies and marketing agencies.

Key attributes include:

• Highly competitive prices
• Excellent print quality
• A wide range of products to suit your budget
• Fast delivery
• Free artwork preparation service
• A friendly, efficient approach

The vendor works in the business but has a  a full time general manager supported by an assistant and a team of reliable part-time staff responsible for machine operation, packing and delivery.

This is an excellent opportunity to purchase a relied upon national business with an excellent historic reputation and significant potential.

Key Considerations:

• Highly regarded throughout the UK
• Sells a wide range of products for every event
• Well-known for quality, reliability and impeccable service
• Very well located, modern building
• Staff are experienced and dedicated
• Well-designed and scalable web presence
• Numerous avenues for expansion, easily fuelled by increased marketing

Quality Assurance:

The Business offers comprehensive guarantees to its customers, backed up by manufacturer’s warranties.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover circa: £250,000 per annum
Gross Profit circa: £130,000
Adj EBITDA £50,960
Equipment Value circa: £30,000

The company has no debts, outstanding leases, HP agreements or mortgages.

Asking Price:

The asking price of £130,000 including net assets is for 100% of the ownership of the company assuming Net Assets of £17,798.00 on completion (calculated on a zero cash-zero debt basis). There will be a £ for £ adjustment to the asking price to reflect any rise or fall in this net asset position as at completion.

Marketing:

The Business has an established customer base, and enjoys strong levels of customer referral. The business has an attractive website, detailing the products on offer and traffic is driven to the site by SEO activities.

Growth opportunities:

There are many areas of corporate wear and event, promotional items that this business’ reputation could support with ease.

Premises:

The business operates from a well appointed and modern unit on 1 floors with circa 1,800 square feet per with offices of circa 500 square feet and a machine room with full facilities on site.

The unit sits in a circa quarter acre site, in a rural location, with ample parking, close to the A404, M4 and M40 motorways and easy access to the M25; just a 1 hour to central London.

Employees:

The business employs a general manager, an assistant and a team of part-time operators for periods of demand.

Support and Training:

Support and Training will be provided for a negotiated period of time.

Reason for Sale:

Retirement

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk