Service Business For Sale in 0 London

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Specialists In Wire-o Binding Collating Drilling Plastic Comb Binding Services Sole Trader

Location:London

Category:Service

Asking Price:£200,000

  • Sales revenue : £243,000
  • Net profit : £163,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Specialists In Wire-o Binding  Collating Drilling  Plastic Comb Binding Services   Sole Trader
  • Specialists In Wire-o Binding  Collating Drilling  Plastic Comb Binding Services   Sole Trader

Business description

Specialists In Wire-O Binding / Collating Drilling / Plastic Comb Binding Services Sole Trader
Ref. IY120
Location : North West London
Asking Price : £200,000
This successful and profitable print finishing business has been managed by the vendors successfully, for more than thirty years. It originally operated from rented premises in West London, then in 1993 it purchased a commercial property in North West London where it is well known and established among its reliable and long term customer base.

The husband and wife team provides a comprehensive collating and wire-o binding service to printers large and small across the UK, complemented by plastic comb binding and drilling.

The business can take up to SRA3 size sheets, to collate & wire-o, or are happy to punch and wire-o bind pre collated book blocks. Either way the business guarantees a fast, responsive and reliable service with plenty of capacity to meet even the tightest deadlines.

The business supplies its services to print clients mainly within the M25 area but has certain clients that are nationwide.

Other Information

  • Competition: The business has used no marketing or advertising and does not have a website.
  • Expansion: The business could benefit from the introduction of more aggressive and strategic marketing as there is a large customer database to target that is a valuable asset and has further potential. There is also an opportunity to include other services in finishing as well as widening the geographic scope of the business’ service area.
  • Years Established: 1987
  • Trading Hours: Monday to Friday: 9am – 6pm Hours are flexible when deadlines and client demands require it.
  • Support Training: The vendor is happy to provide support and training for the new owner for a period of time to be discussed at the time of sale.
  • Reason For Selling: Retirement
  • Lease Terms: The business is located in one of North West London’s most prominent and best known trading estates, with very easy access to London’s A406 Ring Road, the M40, M25 and M1 The premises consists of a modern industrial unit of two floors, where the ground floor is circa 1,600 square feet and comprises a delivery, and machine operations area and office with roll-over shutter. The first floor is circa 1,200 square feet and comprises storage and machine operations. The premises are leasehold. A new lease is available by negotiation
Turner Butler
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