Listing ID: 73335
3 Franchise Print, Shipping, Packaging Stores for sale in Southwest Ohio! Great cash flow at $180,000, asking $675,000 for all 3.
Be Your Own Boss!
A growing business that just keeps growing…So many services offered.
Shipping, Packing, Mailbox Services, Shredding, Freight, Notary, Passport Photos, Computer Services, Printing Services, Faxing, Postal
Services and Much More.
Ranked #3 in Entrepreneur 500
- Asking Price: $675,000
- Cash Flow: $180,533
- Gross Revenue: $1,437,125
- EBITDA: N/A
- FF&E: $226,950
- Inventory: $26,457
- Inventory Included: Yes
- Established: 2009
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:5,700
- Lot Size:N/A
- Total Number of Employees:15
- Furniture, Fixtures and Equipment:N/A
These are 3 leased location with a total of 5,700 square feet with a Total Combined Rent of $6,506.25. Lease ends 06/2024 with a one 5 year lease option. Seller is active in the business with 2 FT employees, 3 PT employees and 10 Independent Contractors. Hours of operation are 8:30A-7P, 10A-4PM Weekends, 7 days a week. $26,457 in Inventory and $226,950 in FF&E included in Asking Price. $19,960 made in Leasehold Improvements.
This Business Is An Established Franchise
The venture was founded in 2009, making the business 13 years old.
The sale does include inventory valued at $26,457, which is included in the listing price.
The company has 15 employees and is located in a building with disclosed square footage of 5,700 sq ft.
The property is leased by the business for $6,506 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons people choose to sell businesses. However, the true reason and the one they say to you may be 2 completely different things. As an example, they may state "I have a lot of various commitments" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these might just be reasons to attempt to conceal the reality of changing demographics, increased competition, current decrease in incomes, or a variety of other factors. This is why it is very vital that you not count entirely on a vendor's word, but rather, utilize the vendor's response together with your general due diligence. This will paint a much more realistic image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses take out loans in order to cover items such as inventory, payroll, accounts payable, so on and so forth. Remember that sometimes this can imply that earnings margins are too thin. Lots of businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that have to be satisfied or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area draw in new clients? Often times, businesses have repeat customers, which develop the core of their everyday revenues. Specific factors such as brand-new competition growing up around the location, road building and construction, and employee turn over can influence repeat consumers as well as adversely influence future earnings. One crucial point to think about is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the greater the possibility to construct a returning client base. A final idea is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? Just how might the neighborhood mean home earnings impact future revenue potential?