Filters
LocationSouth Africa, Mpumalanga

Sector - Sales & Services

Asking Price
R4,510,000
Monthly Profit
R 53,133
Asset Value
R 3,708,000
Stock Value
R 100,000
Yearly Net Profit
R 637,596

Summary

Exciting and creative printer and signage manufacturing business specializing in mining safety industry.

Give me more information

Fully describe the business's activities?

Long established dynamic printing and signage business supplying the local mining industry and retail customers. Business is on a well located and well maintained property (Also available for sale )and is exceptionally well equipped.
The passion for the printing industry is obvious and easy to experience with their motto being "Dynamic Ideas Start Here". Services includes (but not limited to) : NCR books, stickers, flyers, brochures, catalogues, folders, company profiles, canvas mounting, photo &case bound books, company stamps, diaries - calendars & desk pads, Signage safety signs & road signs, banner & flags, correx boards, laser cutting, doming, light boxes, poster & photo's and menus.

How does the business operate on a daily basis?

The production manager is responsible for the sales process which includes quote, invoice, manufacture and collecting aspects of the business. A dedicated designer is on staff who is responsible to assist clients with specific design requirements.
Manufacturing is performed onsite in the well equipped production area, and an installation team is available for off-site work. The owner is involved in the financial management of the business and generally assist the production manager with acquisition of the raw materials and stock items required for the day to day operation.

What Advertising/Marketing is carried out?

In addition to the exceptional focus on customer service and customer experience the business uses social media, web based marketing, traditional print adds and strategically placed sign boards in and around the business primary market area.

What competition exists?

There are several smaller print and signage businesses located in the primary market area.

How could the profitability of the business be improved?

Improvement of the company's BBBEE rating will open new market segments in the surrounding local municipalities (all government institutions) currently under explored/utilized.

Give a breakdown of staff/ functions/ length of service?

Most have been employed for more than five years, includes the following:
Production manager - 5 years
Designer - 3 years
Designers and operators (manufacturing) - 1 year
3 xGeneral assistants and driver - average 5 years
2 x Designer & Laser operator - 1 year

Do any have management potential?

Yes

How involved is the Owner in running the business?

The owner is involved in the financial management of the business but not on a daily bases.
This function currently is successfully performed remotely as the owner is residing in a different area.

When does the current lease end?

No lease, currently the business owns the property and if the business is sold separately from the property a lease agreement will be drawn up .
The property is not included in the sale and was recently valuated at R 3 950 000 and is selling for R 2.95 million

What are the trading hours?

Trading Monday to Friday, 08h00 - 17h00

What are the main assets of the business?

Various sophisticated printing equipment, office furniture, shop fitting and computer hardware as needed in this trade .
There is a full asset list on file available for viewing by a qualified serious buyer
Equipment valued by owner at about R 3.5 million
LDV vehicle (fairly new model year).

Strengths?

Established business being able to deliver on an extensive range of printing and signage services.
Excellent customer service.
Good business location with onsite manufacturing capabilities.

Weaknesses?

Currently with the sellers lack of presence in the business his expertise and knowledge in the offsite sector of the business has been neglected
The business could benefit with a new owner who has some expertise to add value here .

Opportunities?

Increasing of BBBEEE rating leads to new possible market segments currently not serviced by this business.
The equipment is selling at a fair market related value - a good opportunity to enter this established market .

Threats?

General volatility of the mining industry and general market at this point in time.

What is the reason for the sale?

The owner has relocated to the coast and wants to focus on new business developments in the Southern Cape

Location

Contact | Enquire

Arie

Arie Roos

LocationSouth Africa, Mpumalanga

Preferred method of contact

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