Private Postal Center (Eastside King County)

Not Disclosed, WA
King County

Asking Price: Annual Revenue:
$350,000 $435,000

Retail: Office Products & Supply

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RE: Private Postal Center (Eastside King County) Broker: Stephen Cohen
Owner Financing is Available!
The seller will finance $150,000 of the sale price for a qualified buyer.

Quick Facts

Asking Price: $350,000
Annual Revenue: $435,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 656735781
Broker Reference #: PC2021

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Business Overview:

This business is a well established, successful, full service private postal center used for packing, shipping, printing and the business service needs of the residents and local businesses in an Eastside community in King County. The business has $10,000 a month in recurring revenue from PO box rentals. The business is considered an institution in the area because they offer exceptional service, competitive pricing, and a fully stocked shipping facility. In 2020, the business thrived during the pandemic and was designated an essential business.

There are four print and copy machines on site and all have transferable, well priced click service contracts with Pacific Automation. Two are color and two are black and white. The printing business represents an excellent growth potential area as there are also state of the art computers that can be used for design. There is also an additional 50-100 square feet for expansion inside the space for additional equipment or services, if desired. The business is run with PostalMate which is an innovative desktop application designed especially for retail pack and ship centers. It’s a powerful yet easy to use multi-carrier shipping, point-of-sale and mailbox management system.

The business is operated out of a 1,600 square foot space in a high traffic retail shopping center. Current monthly rent is $4,600 with the lease expiring 6/1/2022. The original lease was executed in 2001 and the business has never had any issues adding five-year extensions as the building owner understands their importance in the center. New lobby carpet, all new LED 10-year ceiling lighting and 4 new office chairs to support the print area were added in 2020. In November of 2020 a remodel of the bathroom for employees was completed, including new flooring, vanity and toilet. There are three part time employees with one serving as assistant manager possessing five years of experience. Ownership fills a ¾ FTE and is responsible for managing retail operations, staff management and light bookkeeping.

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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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