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Business For Sale
PACKAGE SHIPPING & BUSINESS CENTER
Attn:
Marsha Barnet King
Washtenaw County, MI, USA
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Listing Number: "DETROMI001N386"
Print this
Listing
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Asking Price: |
$190,000
USD USA Dollars
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Business for Sale Industry: |
Services: Business and Office
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Reason for Selling:
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Moving |
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Year Established:
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2004 |
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# of Employees:
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1 Full Time, 2 Part Time |
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Yearly Revenues:
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$282,000 |
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Yearly Cash Flow:
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$53,888 |
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Yearly Gross Income:
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$282,000 |
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Monthly Payroll:
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$1,908 |
Business for Sale Overview:
Since an alternative to the post office was introduced in 1980, this franchise became the world’s largest in retail shipping, postal and business services. There are more than 5,000 independently owned locations around the world. The combination of a favorable location/lease and excellent management has allowed this store to turn a profit after their first full year in business. This is an excellent business opportunity for a family. In fact, most stores are run by husband and wife teams or other family members. Contributing to this business's appeal are shorter hours than most retail stores, fast learning curve, and increasing sales and profitability.
Property Features and Assets:
The 1,400 square feet store is located in a modern shopping center between a major freeway and a very quaint downtown shopping district. This desirable town is home to many workers associated with a major State University and surrounding high tech businesses. The gross lease is $2,304 expiring in 12/31/08 with a five year option. Some of the store assets include mailboxes, camera, photocopy, and computer equipment, packaging and shipping supplies, and miscellaneous standard office furniture. No upgrades are necessary to meet franchiser requirements.
Market Competition and Expansion:
Since opening in 2004, the gross sales have increased yearly starting with $132,226 to $281,740 in 2007. The buyer should continue to use the advertising methods established by the sellers as well as participation in local business groups and town events. There are no other franchise postal or business centers in the town. Like most rural towns, there is one local store that does shipping but is not a business center. This was established prior to the opening of this store and has not negatively impacted their business.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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.
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