Business Overview

Motivated Seller has dropped the price by $25,000. Dynamite location for this Independent Mail, Ship and Business Center. Not a franchise so add any services you like, and absolutely NO ROYALTIES TO PAY! Seller has owned this since May of 2020 and the revenue has consistently grown. Great rent for this busy and sought after location. The sky is the limit with this one. Easy hours. Seller is motivated to sell.

Financial

  • Asking Price: $60,000
  • Cash Flow: $41,125
  • Gross Revenue: $191,225
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1998

Detailed Information

  • 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
About The Facility:

Located in very busy sought after location. Features 200 mail slots with 127 rented out. Busy business center.

Is Support & Training Included:

seller will provide training

Pros and Cons:

no immediate competition, friendly neighborhood business service center.

Opportunities and Growth:

Not a franchise so you can add other services as well as what is currently offered.

Additional Info

The business was established in 1998, making the business 24 years old.

The business has 1PT employees and resides in a building with disclosed square footage of N/A sq ft.
The building is leased by the business for $1,900 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell operating businesses. Nevertheless, the genuine reason vs the one they tell you might be 2 absolutely different things. As an example, they might state "I have a lot of other obligations" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these may simply be excuses to attempt to conceal the reality of changing demographics, increased competition, recent decrease in earnings, or an array of various other factors. This is why it is really crucial that you not count totally on a vendor's word, however rather, make use of the seller's response together with your total due diligence. This will paint an extra reasonable picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Many companies take out loans in order to cover things like inventory, payroll, accounts payable, and so on. Remember that occasionally this can indicate that profit margins are too small. Numerous companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be met or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location draw in brand-new clients? Many times, businesses have repeat consumers, which create the core of their daily earnings. Certain aspects such as brand-new competition growing up around the area, roadway building and construction, and staff turnover can impact repeat clients and also adversely influence future earnings. One essential thing to think about is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Clearly, the more individuals that see the business often, the greater the chance to develop a returning consumer base. A last thought is the general area demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Exactly how might the regional typical household earnings impact future earnings prospects?