Hamwood says, “This is an ideal opportunity for a larger printer with a bigger capacity to not only capitalise on the millions of dollars of printing that is outsourced from the Northern Territory every year, and to also have a very profitable stand alone business.”

The company’s facility, which is located around 5km from the Darwin CBD, houses a four-colour Komori 20” press along with a two-colour Shinohara, single-colour Shinohara and a single-colour Heidelberg. The sale price includes the print equipment which the company says is valued at $700,000. The business employs seven long term staff.

The majority of print at Zip Print is made up of short run colour work as well as carbonless printing. Hamwood adds that Zip Print is one of the biggest consumers of carbonless paper in the Northern Territory. Hamwood also says that since being put on the market the business has received expressions of interest from two Adelaide based printing firms as well as a local inquiry.

He says, “There are a lot of opportunities for growth within this business and it already has a very good local customer base. This business has put my financial situation in a position, which will enable me to retire very comfortably.”

The biggest printer in NT is Colemans, which has a 40” press, with Zip Print and Hollands Print making number two and three, although the Government Printer is now producing a fair bit of commercial work.

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