NOT DISCLOSED, Washington
| Asking Price |
$180,000 |
Year Established |
2008 |
|
| Annual Revenue |
$260,692 |
Reason for Selling |
Owner is moving on to the next chapter. |
|
| Annual P/L |
$0 |
Attention |
Claudia Smith |
|
| Annual Cash Flow |
$102,894 |
Listing Number |
1018113 |
|
| # of Employees |
1 |
Business Category |
Services: Printing, Shipping, Signs |
|
Business Overview:
Here's your turnkey business with a short learning curve and room to grow! This is a popular Franchise Resale located in a busy convenient shopping center in King County. This location has a loyal customer base using all the offered services and lots of foot traffic from the anchor and other businesses in the complex. The business includes the Franchisor's POS system and business procedures that are all set up for the new Owner.
Currently the services are pack and ship, printing is for self-serve copying, mailboxes onsite and online, passport photos, and fingerprinting and much, much more. The business uses all major freight and logistic shippers for their customers.
There is room to expand to other services to boost revenues. Opening extended hours will also bring in more revenues.
Property Features and Assets:
<p>The business has been in the same location for over 18 years. It is destination business in a strip shopping center with a prominent anchor, convenient to businesses and many residential complexes. The Landlord is currently upgrading the center with updating exteriors and parking lot and replacing walkways and other infrastructure.<br><br>There is 800SF at $2952.67/month NNN. Expiration date July 31, 2030.<br><br>There is a front retail and back area for packing which has room for additional services expansion. The space has excellent storefront exposure with large new sign and easy parking and covered access by shippers and customers.<br><br>The existing tenant mix provides foot traffic for all the other tenants.<br></p><p>Assets = $69,549</p>
Market Competition and Expansion:
<p>According to IBISWorld, Pack & Ship Mailbox businesses are a $15.4B a year business.</p><p>Smaller businesses are carving out space serving less digitalized SMBs and direct mail of clients who care about ethical relationship focused partnerships. They predict revenue growth over the next five years.<br><br>Market segments averages:<br><br>Packaging & Labeling 46.2 %<br>Copying & reproduction 25.3 %<br>Printing 12.6%<br>Postal Shipping & Mailbox Rental 10.4%<br>Other 3.3%</p><p>Business growth can start with extended hours immediately to capture evening business and Sundays. There is room to add a printer to provided large print jobs for businesses or business clients needing business cards and promotional materials and adding Freight Services.</p><p>Franchisor Training is required and includes ways to grow the business and take advantage of all the different services offered.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity