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Be your Own Boss ! Highly Affluent client base
The business is a well-established 15+ year-old independent retail shipping center offering full-service mailbox rental with 24-hour access, UPS/FedEx shipping, USPS stamps and services, professional packing and supplies, copying, printing, fax, scanning, passport photos, notary, secure document shredding, retail greeting cards, specialty gifts, gift wrapping, laminating and related products/services to the Colleyville, Grapevine, Keller, Southlake, Trophy Club, Westlake and surrounding communities. A knowledgeable and courteous staff provides personal customer service, knows most customers by their first name and is committed to making the customer happy and save their valuable time at a one-stop location serving the very affluent community.
The business is located in a popular and busy shopping center with easy access and ample parking. The business has continuously operated under the same name in the current location over its 15+ year history. The hands-on owner operator works full-time in the business. The husband provides general oversight of the operation and management. The owner has reduced their working hours during the past several years and is now ready to fully retire. The seller states that the business has excellent books & records and is able to prove all sales & expenses.
The customer base is small-office/home-office (SOHO) businesses, corporate “road warriors”, homemakers and schools. The owner estimates the customer base is approximately 65% residential and 35% business customers.
The owner feels that a major advantage over competitors is the longevity of the same store in one location and relationships with customers. The customers are happy with the service and committed to using the company. The business is recession-resistant, and a new, energetic owner can further increase sales & profits in many ways such as 1) adding a website, 2) marketing, 3) adding services.
The asking price for the assets of the business is $465,000 with $100,000 Cash down payment and balance financed as an SBA7(a) loan. If required by a commercial lender, the seller will consider financing up to 10% of the price to a purchaser qualified/approved by the seller. Seller prefers to sell for ALL-CASH. Seller Financing is subject to Seller’s Approval, in Seller’s Sole discretion and responsibility, of the Purchaser’s financials, Credit-worthiness and suitability as the Purchaser. All financing is to be personally guaranteed. The assets include inventory at cost of $16,000, Accounts Receivable of $3,500 and FFE (Furniture, Fixtures and Equipment) used value at $48,000. The purchaser will need to assume the photocopier leases.
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Keywords: mail box, PostNet, UPS Store, Packaging, UPS, FEDEX, DHL, shipping, mailboxes etc, postal connections, pakmail, goin' postal, mbe, Eagle postal center, Pass, mail and more, packaging and shipping specialists, safe ship, PostalMate.
The business occupies approximately 1,600+/- SF in a busy shopping center located near major thoroughfares. The current lease expires approximately December 31, 2023 with a base rate is $3,467 plus NNN. The layout consists of a entrance with 24 hour gated access to mailboxes, main retail display area, large open walk-up counter, shipping/work space room, office and restroom. Seller believes that landlord is willing to offer a long-term lease and options to a qualified purchaser. Lease transfer/assignment fee is estimated at $______ (will be confirmed by the landlord) and is the responsibility of the Purchaser.
$3,467 (USD) per annum
The business is located in a popular and busy shopping center with easy access and ample parking
The seller has used the location, signage, word of mouth and friendly service to build the business. A new, energetic owner can further increase sales & profits in many ways including: 1) Consider joining two industry trade associations for training, networking, discounts and to create website. Estimated approximately $250/yr, 2) Create a website (approximately $150/yr if you join #1 above - easy solution), 3) Computerize and optimize the business including social media, search engines and website, 4) Promote social media reviews on Yelp, Google, etc., 5) Personal, hands-on owner-operation of the business, 6) Adding business-related services such as wide format printing, signs, 7) Direct mail to local home-based businesses, 8) Market to local businesses and medical offices to develop house accounts, 9) Advertising via door hangers, Val-Pak, or other similar products, 10) Evaluate adding fingerprinting services, 11) Promote document, print & air freight services due to higher margins, 12) Consider adding complementary services such as DHL, Access Point package pickup, freight services crating, cell phone repair drop-off, etc.
The retail shipping industry is very competitive. The business attracts customers from a 10-mile radius including Southlake, Grapevine, Keller, Colleyville, Trophy Club and Westlake. Despite the presence of well-established competitors, the owner feels that customer service at their store is outstanding; the employees are professional and very experienced. Customers are prepared to drive to this store for superior service and convenience.
Seller will train buyer for 2 weeks included with the purchase price. Seller is willing to provide additional training at mutually agreeable fixed compensation to assist with general management functions for a finite period.
Price $465k: $100k down and balance Bank loan
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