Lack of time to manage and grow the company. Director is running several businesses.
Selling a graphic design & printing company established in 1983. The business has a wide range of printing machineries assets. All the machines are barely 1 year old or less, well-maintained and are very new.
Digital Press (Purchased $100k)
To print brochures, namecards, booklets, flyers, envelopes, etc. Machine is capable of stapling & folding while printing to improve productivity
Digital Large Format Printer (Purchased at $120k)
Maximum width: 1m. Suitable to print posters, banners, pull up banners, pop up display, etc. This machine is the world fastest large format printer, capable of printing 7 x A0 size poster in 1 minute.
Mimaki Eco-Solvent Large Format Print & Cut Printer (Purchased at $37,000)
Maximum width: 1.35m. Suitable to print posters, banners, pull up banners, pop up display. This machine is suitable for outdoor prints. It is capable of printing & die-cutting stickers at the same time. It is also suitable to print T-Shirts
Mimaki UV Printing Machine (Purchased at $88,000)
This machine is capable of printing on almost any surface on a flatbed of A2 size. It's suitable for printing medias such as corporate gifts, metal plates, trophies, etc.
- Small Laminator
- Large Format Laminator
- High End Guillotine Trimming Machine
- High End Heat Press
- Large Format Trimmer
Total Machinery Assets worth: $350,000.00
Total Paid: $186,185
Balance: $163,815 (via installment, balance 3.9 years. About $2000 per month after PIC Grant )
Per month installment will only be about $2000, after the IRAS Productivity & Innovation Credit, which is valid until YA 2018.
- Countless MNCs, Large SMEs, Education Schools, Government Sectors portfolio from graphic design, exhibition booth, printing, motion graphic
- Range of websites, well done up and ready to get leads immediately. (Worth $20k in total)
- Online marketing well done
- Business was established in 1983 (This gives very good credibility to clients)
My reason for selling:
As director is running several businesses, there's a lack of time to manage and grow the business. Business has very strong potential to expand as portfolios are very strong, websites are well done. Websites are capable of generating plenty of new enquiries and leads everyday if marketing activity are active. Due to director's busy schedule.
Director will guide the new buyer on how to operate the machines, market the business, manage the websites & generating leads. Director will be obliged to ensure new owner is aware of how to run the business fully.
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