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Quick Facts
Asking Price: | $99,000 | |
Annual Revenue: | $1 | |
Net Profit: | $1 | |
Cash Flow: | $1 | |
Total Debt: | Not Disclosed | |
FF&E: | 5,100 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 1 | |
BBN Listing #: | 196051531 | |
Broker Reference #: | HMOFSEA |
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Business Overview:
20-plus years established at this downtown Seattle location. Too many businesses and people to count, How’s that for a potential customer database? Not labor intensive and has little to no labor costs.
This is a great business opportunity for a couple married or not. Usually, this business can be managed by just a couple of people. This is NOT a franchise which means you pay NO franchise fees.
This independent mailbox shipping business can ship with all the shipping carriers UPS, Fed Ex, DHL, & USPS and you control the rates. With this mailbox store, you can offer the services and retail that make cents/sense to you.
The franchise guys are required to BUY all their shipping boxes and packing material from the franchisor. Were as the independent mailbox business like this you can reuse boxes and packing materials. That’s quite an annual savings for a shipping business.
This business has no website or social media presence. Meaning little effort has been made to increase the mailbox occupancy which is at 60% full.
There are also NO Virtual Mail Boxes offered, In many mailbox businesses nowadays Virtual Mailboxes are a money maker. They offer the ability to make good money outside the business’s storefront. And with this heavily and densely populated downtown Seattle location this is set up to be a prime Virtual Mailbox destination. And the ability to make money outside the storefront sounds potential profitable to me.
Amazon has offered to use this mailbox store as a drop-off point. The owner of this business is offered a fee to deliver the packages (small) packages to the surrounding businesses.
As a bonus, Amazon said the owner of this business can actually put his business advertising labels on the packages. Total delivery time takes less than an hour. This is great for the extra income source but more importantly, a great marketing tool for this business to become entrenched and generate new customers. Getting paid to do your marketing now that’s worth thinking about.
This business is largely being valued and sold on the upside tangible potential. Come see and feel this potential for yourself.
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Property Features and Assets:
The monthly lease is only $3,600 with the Triple Net included. The current lease expires in March of 2027 and has an option to extend the lease. The size is 1200 square feet. has 306 in store mail boxes with 24-hour service. 60% of mailboxes are occupied.
Market Competition and Expansion:
This independent mailbox shipping business can ship with all the shipping carriers UPS, Fed Ex, DHL, & USPS and you control the rates. With this mailbox store, you can offer the services and retail that make cents/sense to you. This business has no website or social media presence. Meaning little effort has been made to increase the mailbox occupancy which is at 60% full. There are also NO Virtual Mail Boxes offered, In many mailbox businesses nowadays Virtual Mailboxes are a money maker. They offer the ability to make good money outside the business’s storefront. And with this heavily and densely populated downtown Seattle location this is set up to be a prime Virtual Mailbox destination. And the ability to make money outside the storefront sounds potential profitable to me.
Reason for Selling:
Seller wants to pursue his passion
Additional Details:
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