Business Overview:
Opened in November of 2007, the first year sales of this new franchise almost surpassed the average third year sales of all other Pak Mail Franchises in the country ($232,000 versus $240,000). In fact, the owners were awarded the Rookie of the Year Award, based on outstanding sales and customer service. The current population of the surrounding area is approximately 9,000 with the number of total households approaching 4,000. With a median age of 33 and median income of $130,000, home ownership is high – 86.79% of residents own homes valued at $421,743 (median).
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Property Features and Assets:
Nestled in the heart of one of Austin's most prestigious communities, neighboring tenants in the moon shaped shopping center include a wine store, ice cream shop, pizza parlor, dry cleaners, dental offices and a small grocery store with gas pumps. Not surprisingly, the center is heavily trafficked with both residents and businesses who appreciate the proximity and convenience of the services offered there. 1,200 square feet at the rate of $3,000 per month
Market Competition and Expansion:
The franchise's potential for growth is enormously promising: only about 80% of planned residential and commercial development is complete and several major construction projects are coming online within the next year. These projects include a medical office plaza and the Longhorn Retirement Community – both of which will dramatically increase the demand for the franchise's services. Moreover, new businesses serving the clientele and employees of these establishments will contribute to stronger sales. The nearest post office is more than 20 minutes away.
Reason for Selling:
Planned exit strategy
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.