Summary of operations
Minuteman Press is uniquely positioned in the print and graphics industry to fulfil the needs of businesses large and small. Over the past thirty five years they have seen that every business needs printing on a daily basis regardless of economic conditions. They produce consumable products that are handed out, mailed, written on, and eventually thrown away and need to be reordered regularly
History of the business
Minuteman Press Hertfordshire has one of the best High Street locations within the town, as they are to be found on a roundabout at one end of the High Street and therefore have an excellent opportunity to promote their services through the shop front. New and ongoing walk-in trade continues to be a significant proportion of their business that more than pays for the location overhead. There are some 4,500 businesses in their immediate geographic area.
The business was established in October 2009 by a husband and wife team, however, due to their personal circumstances they have had to put the business up for sale.
The property is single-fronted and very deep comprising some 900 square feet divided into at the front a generous Customer Reception area with seating space. The main workspace behind is divided by colour-keyed screens into a front-of-house Print and Graphics area.
Further business growth will be driven by judicious investment in finishing equipment (a creaser/folding machine and a laminator) which will bring more jobs in-house at a higher margin. An online sales capability via a white-label e-commerce mechanism will drive a valuable additional revenue stream, and this can readily be attached to the existing website. Continued investment of the Owner’s time in keeping up the pace of the sales and marketing effort will also build on the progress that they have made to date. The terms of the premises lease will also enable easy relocation within their geographic area, if desired. Full financial information will be made available following the signing of a non-disclosure agreement and a meeting with the franchise owner.
Guide Price: £69,000.00