Owner Financing is Available!
Business Overview:
Company is a well-established print & copy, pack & ship and digital services center offering full-service post office box rental, graphic design, printing, copying, internet access, shipping, FedEx, UPS, USPS, professional packing, fax, notary, gift wrapping, laminating, passport photos and related products/services. This PostNet franchise business was founded in November 2004. The founder successfully and profitably grew the business. The current owner of the PostNet of McKinney Texas is a 10 year Marine Corps Veteran who has twice served in Iraq. He purchased the business in June 2010 as a transition back to civilian life. The business is located in a busy center anchored by Kohl’s and Albertsons and near the community college and convention center. The store has available physical space for expansion. Shipping and packing services are seasonally higher during the Christmas period. Print and copy services typically offset the slower summer shipping season. The largest customers are 1) schools ~8% of sales, 2) non-profit organization ~3%, 3) surveying ~2%, 4) manufacturer ~2%. Price $40,000 ALL-Cash4. Price includes $54,000 FFE , $3,000 inventory and $1,000 Accounts receivables.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business occupies ~1875 +/- Sq. Ft for $2,500/mo ($3,900 monthly including CAM, insurance and taxes). The lease expires March 2012 with a 5-year option at the ~ $3,900 total rate. A new purchaser may be able to negotiate a lower rent. FFE includes 1 Xerox color printer/copier (owned and NOT leased), 1 Konica black/white copier, folding & binding equipment, hydraulic cutter, business card cutter, perforator, 6 computer systems with flat screens, point of sale software, office furniture and signage.
Market Competition and Expansion:
The seller has used the location, signage, word of mouth, Franchisor direct mail and internet to build the business. A new, energetic owner can further increase sales & profits in many ways including: 1. Consider converting to an independent, non-franchise location (franchise fees are 7% of sales - 2% adv + 5% royalty 2. General marketing to local businesses including banks and schools 3. Personal, hands-on owner-operation of the business 4. Market to the Community College 5. Offer wide format printing. Local competitors include FedEx Kinko’s, The UPS Store, Kwik Copy, Office Max and Office Depot. However, they do not offer 'great' service.
Reason for Selling:
Pursue real estate investment
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.