Detailed financials available on request
Specializing in interior decor printing and application, the business targets corporate clientele as full printing solutions service providers and end consumers for interior de;cor products. The Seller has aspired to be among the leading interior de;cor print suppliers in the country and in the process, services some of South Africa's largest Corporates offering a full-service printing solution. Only the best in quality material is used in the process and all material and workmanship conforms to the required industry quality and emissions standards criteria. The business has access to the best lithographic and finishing equipment ensuring exceptional quality lithographic and wide-format printing. The business is owner run and ideally suited to an individual with an industry background and skill-set. Most of the work is outsourced to regular, contacted individuals all of whom are skilled, capable and reliable. The business has grown from a relatively small household business to one that is showing encouraging, sustained growth Assets are of the best in quality, well-maintained and in excellent working condition. Reckoned to be worth +/- R196 044 at current, second-hand replacement prices, all assets are unencumbered. A detailed asset register will be made available to serious purchasers as will a detailed staff schedule and a copy of the premises lease. Average monthly turnover for the 19-month period March 2016 to September 2017 was R73 400. This culminated in a monthly average EBPIDT (Earnings before Proprietor Drawings, Interest, Depreciation & Tax) of R27 897 i.e. R334 764 per annum. Listed at R565 000, this offering represents an R.O.I. of 60% and/or a payback of 20-months. All financial information is subject to verification in a due Diligence undertaking of the business by prospective Purchasers There is significant demand for the nature of work undertaken by this business thus; within a progressive, BEE-ownership structure, the way is open to procuring an abundance of work from multiple, significant Corporate and Institutional business. The business has the means and expertise to provide top-quality service and seamless printing solutions.