Martin to sell Lotsa after 21 years

Far North Queensland printer Lotsa Printing is on the market after long-time owner Peter Martin looks to pack up his inks and retire after 21 years in the industry.

Martin is aiming to sell the business for $1.85m. It boasts a workforce of 33, and a suite of pre-press, offset, digital, wide format, and finishing equipment.

Lotsa operates two main production plants – one in Port Douglas which focuses on digital and offset, and a signage facility in sunny Cairns.

Martin says the possibility of a sale and subsequent retirement has been on the cards for six months.

Lotsa has carved out a strong niche in its region over the years. “The key to the businesses success is delivery speed with local supply and not from down south, Lotsa is very well known in the area,” says Martin.

The veteran printer moved from Sydney to Far North Queensland some 25 years ago, and says the print industry in regional Queensland is tight, helped by the ironclad support of the locals.

“Regional Queensland is full of locals supporting locals, and the spirit of the industry will keep Lotsa Printing going,” says Martin

“The strength of the business is relentless. We have a loyal client base and the presses are ready to start pumping out the work immediately.”

Martin also says a major perk for any potential buyer is Lotsa’s strong ISO certification, coupled with the printer’s accomplishment as the first print business in the world to achieve 100 per cent on its six-monthly audit certificate earlier this year.

“Lotsa printing is furious on colour and quality, and the support network of the industry in regional Queensland is a major asset for any buyer,” adds Martin.

Martin asks that interested parties contact Richard Rasmussen of agent Ascent Partners on 0402 021 101.

 

 

 

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