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Established Print Shop Four Yrs Two Staff In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R575,000 Furniture / Fixtures included
Sales Revenue:
R930,000
Cash Flow:
R304,000

SOLD by Cliff Bell of ALDES & transferred - Feb 2024
R304 000 NP off a R930 000 turnover ! Non-Franchise small neat print shop in a busy Centre (4 yrs) operated by 2 staff, 5 days a week. It focuses on : printing, design, cutting, laminating, emailing, etc, for walk-in trade, students & local businesses (including events companies).
The two staff members open & prepare all electronic machinery, then immediately start working on the orders received from local businesses / events companies (mainly, invitations, menu's, name cards), while assisting the walk-in trade, which is mainly students i.r.o. printing documents from memory sticks. The staff then close the shop.
Only bank statements for proof of Income & Expenses.
Working capital requirements of the Purchaser will include stock of some R45 000 to be bought from the Seller / Suppliers
The shares of the PTY can be purchased or the business as a "going concern" out of the PTY.
A Konica Minolta Bizhub is on a rental at R1 850 pm (contracted period complete) or increase payments & upgrade.
Then owned & fully paid off (cost some R370 000 & around R100 000 on a 2nd hand basis) :
HP Large Format Printer + Cutter, Printer, Laminator, Guillotine. Cutter, Binder, 3 x Computers, camera system, etc

Property Information

Real Estate:

Lease

Premises Details:

35m2 shop in busy shopping centre, month-to-month, but 3 yr lease available, at R6 500 pm, plus utilities of R1 800 pm, plus R1 300 VAT. Centre was upgraded within last 2 years. 2 months deposit & utilities required.

Business Operation

Reasons for selling:

Owner to busy in other businesses

Trading hours:

M-F : 8-17H00
Sat : 8-13h00

Employees:
2
Years established:
4

Other Information

Relocatable:
This business can be relocated.