Profitable and Established MailBox and Business Services Store

Profitable and Established MailBox and Business Services Store

Price: $110,000

Location: Austin, TX

Industry: Retail

Listing ID: 1725806

Owner Relocating and Needs Owner Operator

This mailbox and business services store has been serving the local community for over 20 years in a premium location in Austin, Texas on a highway that exceeds a daily traffic count of over 100,000 vehicles. The current owner has owned the store since 2013 and has other businesses that require 100% of his time. When the business was run by the owner sales exceeded $320,000. This business has established working relationships with all the major industry shipping carriers including FedEx, UPS, DHL and the United States Postal Service. This store is also a provider of essential business services including: professional printing, copying (both B&W and color), notary, faxing services, laminating, and document binding. The store has 1500 square feet which provides creative opportunity to offer a variety of office supplies, gifts, greeting cards, and other market-driven products. The store contains 200 mailboxes and the owner recently added 21 Premium lockers. The mailboxes are currently 70% rented and customers have 24 hour access to the mailboxes which is a big advantage in attracting new customers. Rates on the mailboxes have not increased in seven years.
Financials represented are from 2019 Profit and Loss Statements which were provided by the owner’s CPA. Five years of financials are available for review with the signing of a non-disclosure agreement.

Listing Details

Total Sales: $281,284

Cash Flow: $35,837

FFE: $30,000 (Included in Price)

Inventory: $2,000

Franchise?: Yes

Reason For Sale:

Relocation of Owner

Training & Support:

Two Weeks of Franchise Training and one week by owner's employee following franchise training.

Operation

Year Established: 2000

Employees: 1 FT

Location

Monthly Rent: $3,535 /Month

Type of Location: Leased

Square Footage: 1,562

Facilities Information:

Regional Shopping Center. Rent is $3535 per month plus NNN. Lease expiration October 31, 2020