Business Overview

This well-established business is an authorized Shipper for FedEx, UPS, DHL, & USPS and provides mailbox rental, fingerprinting, packing, shredding and more. Over the last 15+ years this business has gained a solid core of long-time customers. The business has great growth potential with the addition of other services, such as printing. Owner recently invested in remodeling the interior space and the location is in a well-developed area. This business is ideally suited for an owner operator.

Financial

  • Asking Price: $84,900
  • Cash Flow: N/A
  • Gross Revenue: $220,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2005

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 week training period

Purpose For Selling:

Retiring

Additional Info

The business was founded in 2005, making the business 17 years old.

The company has 1FT/2PT employees and resides in a building with estimated square footage of 1,500 sq ft.
The building is leased by the business for $4,098 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell companies. Nonetheless, the true factor vs the one they tell you may be 2 absolutely different things. As an example, they might state "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might just be excuses to try to conceal the reality of transforming demographics, increased competitors, current decrease in incomes, or a variety of various other factors. This is why it is really essential that you not depend absolutely on a vendor's word, however instead, make use of the vendor's answer in conjunction with your overall due diligence. This will repaint an extra sensible image of the business's present circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies borrow money so as to cover items like inventory, payroll, accounts payable, and so on. Remember that in some cases this can imply that revenue margins are too tight. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that have to be fulfilled or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in brand-new clients? Many times, businesses have repeat consumers, which create the core of their everyday earnings. Particular factors such as new competitors growing up around the area, road construction, and also staff turnover can affect repeat clients as well as negatively affect future incomes. One important point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Obviously, the more individuals that see the business regularly, the better the chance to develop a returning customer base. A final idea is the general area demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Exactly how might the regional mean family earnings effect future revenue prospects?