Well-Known U-Haul/ Shipping Packing Store for Sale

Not Disclosed, NJ
Morris County


Asking Price: Annual Revenue:
$130,000 $267,000

Services: Printing, Shipping, Signs


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RE: Well-Known U-Haul/ Shipping Packing Store for Sale Broker: Seth Kain

Quick Facts

Asking Price: $130,000
Annual Revenue: $267,000
Net Profit: Not Disclosed
Cash Flow: $86,007
Total Debt: Not Disclosed
FF&E: $36,000
Real Estate: Not Disclosed
Year Established: 29
Employees: 1
BBN Listing #: 8832979
Broker Reference #: 6198SK

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Business Overview:

Well-known shipping, packaging & U-Haul store in a high-traffic, large strip mall off a busy thoroughfare. Run by a husband/wife team - looking to retire. Built a loyal customer base over 30 years & developed a great working relationship with many area residents. Only store within 10+ miles authorized by UPS, FedEx, DHL, USPS &Greyhound - offer discounted rates from these carriers. OTHER SERVICES: Digital Mailboxes, Mobile Notary, Textbook Buybacks, etc. FURNITURE, FIXTURES, & EQUIPMENT valued @ $36,000 are included. New qualified tenant should get a better lease situation.

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Property Features and Assets:

1,200 square feet without a basement. All Furniture, Fixtures, + Equipment are in good condition. Some are considerably older than others are. There’s plenty of free strip mall parking in front of store. The landlord is a very large commercial real estate agency + is willing to offer either a lease re-assignment or possibly negotiate a new lease to a new qualified tenant.

Market Competition and Expansion:

A new owner should begin to do Hazmat packaging to increase their customer base + gross sales. It would also be advantageous for an owner to apply for an ATF license to sell guns. Of course, this is a personal decision due to the controversy in the U.S. Expanding into the cellphone repair business servicing Verizon, AT&T, Sprint, + T-Mobile phones would be a major plus too. There’s a large chain store within the plaza who competes against this business in shipping supplies, printing, copying + faxing.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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