Listing ID: 66601
An independent pack, ship and copy company with a great reputation for providing excellent customer service to their customers. Retail shipping, mailing, copying, printing and business services are among their specialties with over 400 mailboxes for rent. Live, work and play in a community that offers year round outdoor recreation and an excellent quality of life.
- Asking Price: $99,500
- Cash Flow: $55,518
- Gross Revenue: $305,675
- EBITDA: N/A
- FF&E: $26,419
- Inventory: $7,500
- Inventory Included: Yes
- Established: 1996
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
Located in the heart of beautiful Northern Idaho the company leases 1,485 sq. ft. in a high traffic area of the community it serves.
Will train for 2 weeks @ $0 cost. The company provides shipping services, US Mail services has 350 mailbox rentals and a business center providing pack, ship and copy services. The company sells office supplies and greeting cards in their retail area. Idaho business license required. An ideal candidate for ownership of this company will possess strong business acumen, excellent communication and customer service skills and be willing to be fully engaged in the business.
The USPS and UPS stores are the company's competition. As an independent the company's profit margins are better since there are no royalties or franchise fees to pay.
The Company has high potential for growth due to the influx of people moving from major markets to the Inland Northwest. Additional growth potential exists through building on the company's well known brand/location in the market and by developing online marketing campaigns and implementing an integrated social media presence.
The business was founded in 1996, making the business 26 years old.
The sale shall include inventory valued at $7,500, which is included in the requested price.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell operating businesses. Nonetheless, the true reason vs the one they say to you might be 2 totally different things. For instance, they may state "I have too many other responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these might simply be excuses to try to hide the reality of changing demographics, increased competition, current decrease in revenues, or a variety of other factors. This is why it is extremely important that you not count completely on a seller's word, however rather, utilize the vendor's answer in conjunction with your total due diligence. This will repaint a more reasonable picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of operating businesses take out loans in order to cover points such as stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can mean that earnings margins are too thin. Lots of organisations come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be fulfilled or might result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location bring in brand-new consumers? Often times, companies have repeat consumers, which form the core of their day-to-day revenues. Particular variables such as brand-new competitors sprouting up around the location, roadway building, and staff turn over can impact repeat clients and also adversely affect future earnings. One crucial thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the greater the opportunity to develop a returning customer base. A last idea is the general area demographics. Is the business situated in a largely populated city, or is it located on the edge of town? Exactly how might the regional median family earnings influence future earnings potential?