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SELECTION: For sale, Central, Non Catering

Mallorca - Commercial Guide & Publishing Design Business

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Sales Price:
Currency convertor € 630,500
Rental Price:
Currency convertor € 0
Transaction:
For Sale/For Rent
Business Type:
Non Catering
Term:
5 Years Renewable
Tenure:
All Tenure
Area:
Reference No.:
b3143
View:
NA
Location:
Central
Front line:
NA
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Reference No.: b3143
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Property Description

The business incorporates 2 guides en Mallorca and 2 guides en Menorca for the industrial and commercial sector. The Industrial Guides incorporates all industrial estates known in Spanish as a 'Poligonos'. The Commercial guides have several A to Z street maps of local cities and towns. The existing business has been solid and strong for the past twenty years plus with new industrial estates being built and existing ones continuously expanding therefore continuous potential to grow. With advertising of 500 display ads varying from 350€ up to 1,100€ they have achieved a yearly gross revenue of 320,000 euros over the last 3 years. Most of the revenue is generated through repeat business from big companies not affected so heavily by the economy and certainly appreciating the value of advertising. Main overheads are printing at 20% of total takings and sales wages / commission at 20% maximum the owner employs one secretary / admin person on contract with four salesman and distributors working on a self-employed basis. Distribution is mainly via the advertisers themselves, other overheads average out around 1% of sales. In addition, there are many non-contract graphic design opportunities for anything from business cards to full colour publications - the income produced can be considered quite substantial. The seller will stay with the purchaser for a handover period to be agreed and offer an in depth introduction to the business, works systems, general know how and client /contract introductions to ensure a smooth takeover. Assets included as well as design templates, past, current clients and contacts, invoices /accounts; Sign written Seat Ibiza and a 6 Cylinder Chevrolet Van. COMMENT: Without doubt a genuine opportunity to enjoy a quality lifestyle. The seller's own interests are diverse as wreck diving, aviation, snow & water skiing and 'serious' vacations. He now wishes to more or less 'retire' from business and pursue a long standing interest in sailing.

This highly profitable 'Commercial Guide & Publishing Design Business' quite unique with little or no competition and can show an immaculate trading record over 20 years in the same ownership.

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