Seattle Dream Site Mailbx, Shipping & Business Ctr

Seattle, WA
King County

Metro area

Asking Price: Annual Revenue:
$69,000 $100,000

Services: Printing, Shipping, Signs

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RE: Seattle Dream Site Mailbx, Shipping & Business Ctr Broker: OBecky Smith
Owner Financing is Available!
With 70% down strictly a case by case basis

Quick Facts

Asking Price: $69,000
Annual Revenue: $100,000
Net Profit: $1
Cash Flow: $1
Total Debt: $1
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 1
BBN Listing #: 19251531
Broker Reference #: dsvysea

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Business Overview:

Mailbox store business but oh so much more than your typical mailbox rental and shipping business. For first this is not a franchise so no extra fees, royalties, or restrictions. You can offer what services you want at what rates you want to charge.

Also being nonfranchise you can ship with all the shipping carriers and that’s a distinct advantage over the franchise guys. Any services or items for retail sales you want could be added. You could even operate a second business here besides the mailbox rental and shipping business.

At this size of about 2,000 square feet, there is enough size to do and offer many more services and this location is a highly busy and coveted area in Seattle. Just minutes to downtown Seattle, Belltown, Westlake, Southlake Union, the U. District, Wallingford or Capital Hill, and many other hot spots in Seattle.

The current owner actually subleases coworking office spaces to busy entrepreneurs and freelancers and it’s definitely a win, win situation. The entrepreneurs and freelancers get a fully equipped and functioning office space to run their business and you the owner are able to subsidize or even pay off your monthly fixed costs. This is of course is on all top of your mailbox and shipping business income.

All in all, this is a pretty passive business to own and operate, it’s not labor intensive so it is very easy on your body. Has very low labor costs and employee headaches, as this business is generally operated by a couple and maybe one employee.

This business gets regular pickups from USPS, UPS, FedEx & DHL. Plus this business packs & ships sell stamps plus a whole slew of other office functions (for example copy, print, scan, fax, notarize, shred, and even office space or just a desk can be subleased) this all makes this the perfect business to get business done.

Easy 10:30 AM-6:00 PM type hours so no late work nights or early morning workdays. Has about 300 standard mailboxes (note which is a pretty passive income). Currently offers no digital mailbox services and this might be a good way to increase sales here. This mailbox business has been here for about 30 years. The seller says nets about $45,000 annually. If you are a people person here’s a chance to be your own boss and make money on your people skills.

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Property Features and Assets:

The monthly lease is $4,800 per month this covers the monthly water and garbage costs. The current lease expires in May 2023. The landlord is willing to give a long-term lease to the new owner of this business. About 2,000 square footage is the size. 300 mailboxes with about 50% of them occupied and generating income. Offers 24-hour access to mailboxes. Has a Conference room with seating for 8. Plenty of free street parking.

Market Competition and Expansion:

This mailbox and shipping business offers services that go well beyond the typical shipping business. With the subleasing of working spaces, this business has raised the bar for helping business entrepreneurs and freelancers grow their businesses in a fully equipped and professional business atmosphere. With mailbox and shipping businesses there are many different passive ways to increase your income. Offering more or different services, for example, to offer Digital Mailboxes as none are being offered here.

Reason for Selling:

Owner to pursue other interests

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.

Relevant Links:

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