Business Overview

The business is a well-established 9-year-old independent retail, shipping center offering full-service mailbox rental with 24-hour access, UPS/DHL/USPS/FedEx shipping, USPS stamps and services, professional packing and supplies, copying, printing, fax, scanning, passport photos, notary, secure document shredding, UPS/DHL/USPS/FedEx Access Point, retail greeting cards, specialty gifts, gift wrapping, laminating and related products/services to the Denton County area. U-Haul Dealership with seven trucks on-site. 15% projected growth for 2022. $76,000 in FF&E. Located in a high traffic shopping center with anchored national grocery store, surrounded by many flourishing businesses, well planned communities and schools Denton County.

Financial

  • Asking Price: $210,000
  • Cash Flow: $61,044
  • Gross Revenue: $308,943
  • EBITDA: N/A
  • FF&E: $76,647
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,361
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

other business interests

Additional Info

The business was founded in 2013, making the business 9 years old.
The deal won't include inventory valued at $5,000*, which ins't included in the listing price.

The real estate is leased by the business for $4,018 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell operating businesses. Nonetheless, the real factor vs the one they say to you may be 2 totally different things. As an example, they might claim "I have a lot of various commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these might just be excuses to attempt to conceal the reality of altering demographics, increased competitors, current reduction in earnings, or a range of other factors. This is why it is extremely crucial that you not rely completely on a seller's word, yet instead, use the vendor's answer in conjunction with your total due diligence. This will paint a much more reasonable picture of the business's current scenario.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Many operating businesses borrow money in order to cover points such as stock, payroll, accounts payable, etc. Bear in mind that occasionally this can imply that profit margins are too thin. Numerous organisations come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that should be satisfied or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location attract brand-new clients? Many times, businesses have repeat clients, which develop the core of their day-to-day revenues. Particular aspects such as new competition sprouting up around the location, road construction, and also employee turnover can impact repeat clients as well as adversely impact future incomes. One vital point to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business regularly, the better the opportunity to build a returning client base. A last idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? Exactly how might the regional typical house income influence future earnings potential?