Business Overview

In today’s economy, everyone is looking for cost-saving and time-saving services for their business in shipping, copying, packaging, printing, notarizing, and more.

This is a Pandemic proof and Essential Business with a record year for 2020. It has been in business for nearly 20 years with a strong brand and positive social media profile.

Room to grow! There are many ways to increase this business’s revenue with low capital investment. Current services include Mailing, Shipping, Packing, Private Mailboxes, Printing, Copy and Fax Services, Document Shredding, Notary, Passport services, and many more.

This location is operating in a high visibility area near a major highway and intersection. Easy to get to with high traffic.

This business has been operating for nearly 20 years and has a strong relationship with community as shown by the positive social media presence.

Financial

  • Asking Price: $235,000
  • Cash Flow: $93,190
  • Gross Revenue: $341,686
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2002

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,562
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

4 weeks

Purpose For Selling:

retirement

Pros and Cons:

Competition within a 5 mile radius is 6.

Opportunities and Growth:

Potential buyer can increase the private mailbox capacity and can capitalize on the printing market to increase revenue.

Additional Info

The venture was started in 2002, making the business 20 years old.

The company has 1 employees and is located in a building with approx. square footage of 1,562 sq ft.
The real estate is leased by the company for $3,923.22 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell operating businesses. Nonetheless, the true reason vs the one they say to you might be 2 entirely different things. For instance, they may claim "I have way too many various obligations" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might just be justifications to try to hide the reality of transforming demographics, increased competitors, current reduction in revenues, or an array of various other factors. This is why it is very vital that you not rely entirely on a vendor's word, however instead, use the vendor's response along with your total due diligence. This will repaint a more reasonable picture of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Many operating businesses finance loans with the purpose of covering points like stock, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can indicate that revenue margins are too thin. Numerous businesses fall under 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 think about. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that need to be met or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location bring in new customers? Most times, businesses have repeat consumers, which form the core of their everyday profits. Particular elements such as new competitors growing up around the location, road building, as well as employee turnover can affect repeat consumers and also adversely affect future profits. One crucial thing to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business often, the greater the chance to construct a returning consumer base. A final thought is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? Just how might the local mean family income influence future revenue prospects?