Listing ID: 80485
Great opportunity to own this well-established mail/ packaging center and gift shop with no previous experience necessary. This profitable NON-FRANCHISE business is owner operated and has been a provider of these recession tolerant services for 15 years to local businesses and individuals. Proven growth over the years with multiple revenue streams in the services of: packing supplies, small package shipping, freight shipping, international shipping, mailbox rental, copying, faxing, notary, document scanning and shredding along with custom box building for customer’s specific needs. The gift shop offers an equally profitable addition to these revenue streams.
Residential customers enjoy the services of rented mailboxes, full-service packing, shipping, mailing, and office service resources along with unique gifts and cards. Business customers consider this company a strategic business partner with its shipping and receiving department, fulfillment house, warehouse, and mailroom. This store also distinguishes itself by offering customers the option of shipping via USPS, FedEx or DHL and UPS.
Location of this business is in a shopping plaza with easy access, ample parking, high visibility and the surrounding businesses generate a significant amount of traffic. The county that this store is located in has consistent growth in the nation over the past 10 years and there is no slow down in sight. The new owner will benefit not only from the core business of packaging, shipping and providing mailbox services which continues to grow, but also the opportunity to accelerate revenue by expanding other services such as virtual mail – scan the mail or mail forwarding. These additional services can add more cross-selling opportunities, revenue and profits. This store is a turn-key opportunity to buy a successful business with strong cash flow from day one and an outstanding reputation in the business community.
The current competition does not offer all the services provided with this business in one location.
As an independent the customer has shipping options
The new owner will benefit not only from the core business of packaging, shipping and providing mailbox services which continues to grow, but also the opportunity to accelerate revenue by expanding in the services to include:
? Virtual mail – scan the mail or mail forwarding.
? Sales events with Gift items
The store is located in a busy shopping plaza. There is high visibility and ample parking for the store.
- Asking Price: $199,000
- Cash Flow: $105,686
- Gross Revenue: $269,689
- EBITDA: N/A
- FF&E: $10,000
- Inventory: $60,000
- Inventory Included: Yes
- Established: 2007
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,400
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
The company was started in 2007, making the business 15 years old.
The sale shall include inventory valued at $60,000, which is included in the listing price.
The business has 2 employees and resides in a building with disclosed square footage of 2,400 sq ft.
The real estate is leased by the business for $2,223 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons people choose to sell operating businesses. Nevertheless, the genuine factor vs the one they say to you might be 2 entirely different things. For instance, they may claim "I have way too many other responsibilities" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may simply be justifications to try to hide the reality of transforming demographics, increased competitors, recent reduction in profits, or a range of various other reasons. This is why it is extremely vital that you not rely entirely on a vendor's word, yet instead, utilize the seller's answer in conjunction with your overall due diligence. This will repaint a much more sensible picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Many businesses take out loans so as to cover points like stock, payroll, accounts payable, etc. Remember that occasionally this can indicate that profit margins are too thin. Numerous organisations 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 commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that should be fulfilled or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location attract brand-new consumers? Most times, operating businesses have repeat consumers, which create the core of their daily revenues. Certain elements such as new competitors growing up around the area, road building, and staff turn over can influence repeat consumers as well as negatively affect future incomes. One essential thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business on a regular basis, the greater the possibility to construct a returning customer base. A last thought is the basic area demographics. Is the business situated in a largely inhabited city, or is it situated on the outskirts of town? Just how might the neighborhood median house earnings influence future revenue prospects?