Summary

The business provides various business support services including printing and binding, copying, laminating, courier services, etc. They are part of a large, well-known franchise with good training and support. Well located in an busy shopping centre. Need a involved owner that can manage staff and cash Urgent sale ....

Give me more information

Fully describe the business's activities?

A fully functional business services center with a domestic and international courier service - Services such as wide format printing, graphic design, typing, binding, laminating, personalised goods, garments, internet services and more are offered

How does the business operate on a daily basis?

Daily operations include copying of forms, faxing, laminating, typing of documents for clients internet facilities , couriers services and a lot more.

What Advertising/Marketing is carried out?

Business cards and leaflets are distributed locally by canvassing agents on busy days.
A lot of flyers are distributed to businesses as well as sales representatives establishing relationships with other businesses in the area.

What competition exists?

There is a PostNet in the area, but it serves a different customer LSM. There are some other copy/print facilities but few offer wide format printing and none offer courier services.

How could the profitability of the business be improved?

The business contracts need to be built up.
Introduce additional products and services that will add value eg: sony snap shoplab.
Importantly the shop needs an owner/manager onsite to improve staff oversight and cash control

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

A store manager and a shop assistant, both in service for over 2 years and well versed in all customer requests, products and services.

Do any have management potential?

They are both capable of store management.

How involved is the Owner in running the business?

Owner is not involved as he lives several hundred km from the store.

When does the current lease end?

Current lease is on month to month basis pending renewal agreement with landlord.

What are the trading hours?

Monday to Friday 8.00am - 5.00pm. Saturday - Sunday 9.00am - 1.00pm

What are the main assets of the business?

Various Printers / Scanners / Cameras / Binders / Aircon / Heatpress / Computers / Laminators / Framing tools / POS and more
Note the set up cost of a new store is around R595,000 + VAT.

Strengths?

This is a nationally known franchise postal/printing service which has a great opportunity to develop itself further. Turnover has been consistent since the store opened and should continue with the pursuance of business contracts.
This business provides services that are required on a daily basis by each and every person, and with time will develop a standing repeat client base which will sustain income. Owner oversight, additional services and quality management will have this business spinning money.

Weaknesses?

Business is not currently owner operated.
Better control of cash is needed

Opportunities?

There is a well presented service offering with good franchise support and a national brand.
Contract sales and marketing.
Selling far below the cost of a new Franchise