Company focused on providing outsourcing printing solutions

Ústecký region, Czechia

listing nr.: 230008

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Valuation 694 000 € (17 000 000 CZK)
Net debtNet debt is an indicator of a company's indebtedness. It is expressed as the amount of the interest-bearing loan minus the cash in the company.
980 000 €
Revenues Revenues express the total annual volume of the company's performance, which the company obtained through the sale of goods and services during the accounting period.
1 437 000 €
HistoryDuration of business operation.
14 years
EBITDA EBITDA is a financial indicator of the company's operational performance. Annual EBITDA is expressed as earnings before interest, taxes and depreciation in a given year.
343 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
13

Basic information

The subject of the sale is a 100% share in the company, engaged in the sale, rental and service of printing solutions for companies and organizations. It is an established company with a long-standing tradition, based in the Ústí Region, with annual sales ranging from 35 to 45 million crowns. The company has been operating on the printing solutions market for more than 10 years, during which time it has managed to build a stable portfolio of regular customers with regular invoicing. Currently, the company serves approximately 350-400 customers with regular monthly invoicing.

The company provides its clients with comprehensive B2B printing solutions on a long-term basis. In particular, it takes advantage of the fact that small and medium-sized companies in the Czech Republic usually do not pay to buy expensive printing machines, while it is more profitable for them to rent printers and related technology and outsource the entire solution. The company’s clients then pay a monthly rental of the printer and a fee for each printed page. The company also provides its clients with qualified service and supply of consumables (toners, paper, etc.). Complex outsourcing of printing solutions is a current trend on the market, there is potential in the market to use this trend and gradually increase the number of customers and, with it, the company’s turnover, if the right business strategy is used.

The company financed its development and growth with bank loans, which it gradually repays. Currently, the sum of repaid loans is at the level of CZK 24.9 million (as of December 31, 2022). Part of the loans primarily covered the purchase of printers and IT technologies for the property (these are subsequently leased to clients). Currently, the company already finances purchases of new technologies from its own resources. Part of the loan was used to purchase the property in which the company is located, this property with an estimated value of CZK 15 million is part of the company and therefore also part of the subject of sale.

The company is based in its own property with an area of almost 750 square meters, the value of this property was estimated by the owner at 15 million CZK. If interested, it is also possible to make an expert opinion that would confirm the estimate. In addition to real estate, the company’s assets also include printing solutions, IT technology, passenger cars with a total value of more than 10 million CZK and stocks worth approximately 6 million CZK.

Now the owners want to focus on their key business in IT, so they have agreed on the intention to sell the company. The company currently has its own management independent of the owners and is fully self-sufficient.

Overview of the company’s financial results

 

Tangible property

  • printing solutions, printers rented to clients worth approx. CZK 8,000,000
  • IT technology, cars worth approx. CZK 2,000,000
  • goods worth approx. CZK 6,000,000 (new printers, spare parts, toners, photo cylinders, etc.)

Intangible assets

  • implemented information system to support business, marketing, invoicing and service worth approx. CZK 2,000,000
  • long-term business partnership with a key supplier
  • framework contracts with clients
  • an established and stable work team
  • functional marketing
  • website
  • social networks

Real Estate in Property

Office building, company headquarters

  • built-up area: 737 m² usable area
  • other area: 3,078 m²
  • estimated value: CZK 15,000,000

Employees

  • number of employees: 13x

Indebtedness

  • revolving approx. CZK 3,000,000, interest now 9.12%
  • installment loan approx. CZK 6,100,000, interest 3.26%, maturity 1/2032
  • installment loan approx. CZK 4,100,000, interest 3.26%, maturity 1/2032
  • installment loan CZK 10,800,000, interest 0.00%, maturity 3/2031

Total annual sales

  • 2019: CZK 33.8 million
  • 2020: CZK 30.5 million
  • 2021: CZK 48.3 million
  • 2022: CZK 35.2 million

Operating EBITDA (earnings before taxes, interest and depreciation)</span >

  • 2019: CZK 5.2 million
  • 2020: CZK 5.4 million
  • 2021: CZK 4.9 million
  • 2022: CZK 8.4 million

Note: Operating EBITDA was calculated as operating profit before taking into account depreciation of tangible fixed assets.

Other information

  • History: 10+ years
  • Reason for sale: orientation of the owner to another branch of the IT business
  • Legal form: s.r.o.
  • Subject of sale: 100% share in s.r.o.

 

I am interested

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

If you are interested, contact us!

We will be happy to provide you with more detailed information after signing a non-disclosure agreement (NDA).