Ann Arbor Area Mail-Pack-Ship Center 20027

Ann Arbor, MI
Washtenaw County

Ann Arbor Area


Asking Price: Annual Revenue:
$450,000 $816,663

Services: Printing, Shipping, Signs


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RE: Ann Arbor Area Mail-Pack-Ship Center 20027 Broker: Jeff Adam
Owner Financing is Available!
Price $450,000. $100,000 down + SBA financing. Seller will consider financing up to 10% of the purchase price to a Purchaser qualified/approved by the Seller.

Quick Facts

Asking Price: $450,000
Annual Revenue: $816,663
Net Profit: $177,317
Cash Flow: $177,317
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 7
BBN Listing #: 480818963
Broker Reference #: 20027

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Business Overview:

The business is a well-established premiere 15+ year-old independent retail shipping center offering full-service physical and virtual mailbox rental, UPS/FedEx shipping, USPS shipping, stamps & services, custom packing, LTL freight shipping, professional packing and supplies, copying, printing, fax, scanning, passport photos, notary, secure document shredding, retail greeting cards, specialty gifts, laminating and related products/services to residents and businesses in Southeast Michigan and surrounding areas. 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 saving their valuable time at a one-stop location serving their Michigan county. The business is centrally located to several major cities including Ann Arbor, Jackson, Detroit and Toledo, Ohio.

The business is located in a busy shopping center with several major anchor national chain stores. This popular and busy shopping center has easy access, ample parking and, most importantly, is located at a high traffic intersection with 15,000+ cars passing daily. The business location is in a favorable economic demographic area. This very loyal customer base has discretionary income to spend on conveniences and services that save them time.

The owner-operator works approximately 30 hrs per week. The owner is not required to work on schedule but will work to cover store when employees are on vacation or executing outside sales such as freight pick up, estate sales etc. 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 trained, motivated, professional employee team, choice of multiple shipping services, longevity of the same store in one location and long-standing 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) continue adding national services through industry association, 2) strategically focus on growing mailbox rentals, 3) expand high quality custom packing and freight preparation services by leveraging strong reputation, 4) strategically focus on growing virtual mailbox services (very little incremental cost and virtually 100% profit), 5) add large format printing services, 6) increase advertising, 7) promote freight services.

Purchase Price: The asking price for the assets of the business is $450,000 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, Creditworthiness and suitability as the Purchaser. All financing is to be personally guaranteed. The assets include inventory at cost of $41,000, Accounts Receivable of $3,600 and FFE valued at $55,000. The purchaser will need to assume A) copier lease, B) credit card equipment lease and C) prepaid mailbox rental fees. The price will be adjusted for actual inventory and accounts receivables as of the sale date.

NOTE: The sale of a business is confidential and discreet; PLEASE DO NOT VISIT THE BUSINESS OR SPEAK WITH ANY EMPLOYEES. KEYWORDS: courier package route delivery mailboxes PostNet UPS Store Packaging postal pakmail postalmate PASS packaging and shipping specialists safe ship postalmate Shiprite AIM Jackson Lansing

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Property Features and Assets:

The business occupies approximately 1,500+/- Square Feet office space in an upscale location in Southeast Michigan with easy access to major thoroughfares. The current 60-month lease term expires approximately December 31, 2025 and leased for $2,103/mo including NNN of approximately $359/month). Seller believes that landlord is willing to offer a long-term lease and renewals to a qualified purchaser.

Market Competition and Expansion:

The retail shipping industry is very competitive. The business attracts customers from a 10+ mile radius including some commuters who live outside this radius. Despite the presence of well-established competitors, the owner feels that customer service at the store is outstanding; employees are professional, well-trained and knowledgeable to operate the front of the business, pack, ship and sell. Customers are prepared to drive to this store for superior service and convenience.

Reason for Selling:

Owner changing careers.

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 not a franchise resale opportunity.

Documents:

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