Description of the business for sale
Profitable, Long Established Printing Business for Sale in Charlottesville, Virginia, often rated by Money Magazine and others as one of most desirable cities in USA. Home of University of Virginia, Jefferson's Monticello, many growing businesses, a major regional medical center, outstanding country clubs, beautiful horse and cattle farms, panoramic views of the Blue Ridge Mountains.
In business since 1970, the owner wishes to retire and therefore offers the business, equipment, client list and good will for sale for $450,000. If desired, owner will assist in transition and serve as a commission sales person.
The business has been grossing between $750,000 and $900,000 annually in recent years. Total benefits to the owner total over $125,000 per year.
Equipment now in use, costing $753,550, is included in the purchase price: Heidelberg 1995 QMDI 4-color 13.37x18.125 with Meta Dimension software; Shinohara 20x26 2-color GG1166 Perfecting Press; Hamada 665 11x17 2-color 1993; collater, stitcher, cutter, trimmer, folder; Presstech Plate setter; six computers and up to date graphics software; 2006 Ford delivery van; miscellaneous office equipment and furniture.
Support / Training provided by seller
Seller will stay for one month full-time if buyer desires, also available therafter for consulting and also willing to serve as a commission sales person.
Description of the facilities
3500 sf rented, approx $3,000/month, lease expires March 2009. Landlord willing to extend with 10 one-year options. Room for expansion. Seller prefers all cash, but will consider financing with substantial cash down.