Mailboxes Shipping - Recurring Income - 5 Days

New York County, NY
New York County


Asking Price: Annual Revenue:
$140,000 $164,950

Services: Printing, Shipping, Signs


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RE: Mailboxes Shipping - Recurring Income - 5 Days Broker: Melvin L. Vaz
Owner Financing is Available!
$110,000 Down & $30k over 3 yrs. @ Prime 2

Quick Facts

Asking Price: $140,000
Annual Revenue: $164,950
Net Profit: Not Disclosed
Cash Flow: $71,805
Total Debt: Not Disclosed
FF&E: $36,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 5
BBN Listing #: 32384447
Broker Reference #: 24767

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Business Overview:

Mailboxes Shipping - Recurring Monthly Income. Only Open Mon-Fri (Mon-Thurs. 10am-6pm, Friday 10am-3pm, CLOSED Sat. & Sun). Fantastic small business. They are located in the heart of the financial district in downtown NYC. They see tremendous foot traffic. 75% of sales come from recurring monthly mailbox rentals (for those looking for prestigious NYC mailing addresses) and shipping services (authorized to ship for UPS, FEDEX, DHL and US Mail). 25% of sales come from printing, copying and passport pictures. In the past year gross sales were approx. $165,760.00 with a net income of approx. $71,805.00. The over head is very low. This is a 750 square foot space with a rent of only $4,358/mth. (incl taxes). That is very low for downtown NYC. This is a one person operation. It is ideal for a first time business buyer or someone with some vision. There is room to add many more services, such as cell phone sales and repair and shredding services. The owner spends nothing on marketing and the hours can also be extended. The area is high growth with tremendous new construction of the Freedom Tower, condos and more.

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Reason for Selling:

Personal

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.

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