Barker Business - Printing Profits - Price Drop $639,000 now $549,000

Printing Profits - Price Drop $639,000 now $549,000

SOLD

Two 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 who’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.

Details

Region	Southland
Price	SOLD
Business ID	BBS2512
Category	Services

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Agent Details

Doug Bishop

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"I can't thank you enough" - Geoff

After reaching out to you in a time of need, I can’t thank you enough for the calls you made, I’m not sure how many, perhaps your network spread...

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Thank you so much for your incredible dedication in working through the sale of my business and the search for a new partner. Despite the unexpected interruptions,...

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I recently worked with Greg on the sale of my accountancy practice, and...