Listing ID: 76102
Excellent opportunity to own a well-known recession proof non-franchise mailbox and shipping store located in a prominent shopping center in Denver Colorado near Denver International Airport. The business has been providing packing/shipping, copy/printing, notary public, fax, physical and virtual mailbox services, and other related services to a loyal customer base for over 24 years. The business has a lengthy track record for delivering customer friendly quality service to the community. The growth and income have been strong even with Covid challenges.
The business ne strategically located in fastest growing Green valley community with a significant residential and commercial center. Moving Rental Trucks locals, and one-way. The business partnered in shipping with FedEx, UPS, DHL, and United States Postal Service.
Motivated Seller. Please call Mathew Abraham 303-359-7868 or email email@example.com
- Asking Price: $225,000
- Cash Flow: N/A
- Gross Revenue: $180,000
- EBITDA: N/A
- FF&E: $10,000
- Inventory: $5,000
- Inventory Included: Yes
- Established: 2006
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,100
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
Easy access to DIA
A well-established community centered clean and professional atmosphere.
Great growth potential.
The company was started in 2006, making the business 16 years old.
The deal will include inventory valued at $5,000, which is included in the asking price.
The business has 1 employees and is located in a building with disclosed square footage of 1,100 sq ft.
The building is leased by the company for $1,872 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons people choose to sell companies. Nevertheless, the genuine factor and the one they tell you may be 2 entirely different things. As an example, they might say "I have way too many other commitments" or "I am retiring". For numerous sellers, these factors stand. However, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competitors, recent decrease in incomes, or a variety of various other reasons. This is why it is extremely crucial that you not rely entirely on a vendor's word, but instead, utilize the vendor's solution along with your overall due diligence. This will paint an extra sensible picture of the business's present circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Many companies finance loans with the purpose of covering things like stock, payroll, accounts payable, and so on. Keep in mind that in some cases this can imply that earnings margins are too thin. Many businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that must be satisfied or might result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area bring in new clients? Many times, operating businesses have repeat clients, which create the core of their day-to-day revenues. Specific elements such as brand-new competitors sprouting up around the area, road construction, as well as staff turn over can affect repeat consumers and adversely impact future revenues. One essential point to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the greater the possibility to develop a returning consumer base. A final thought is the general location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? How might the local median house income effect future earnings potential?