High-volume shipping mailbox center prestigious neighborhood 19721

Plano, TX (Collin County)

Seller Financing Available
High-volume shipping mailbox center prestigious neighborhood 19721

Asking Price:$229,000

Cash Flow:$70,000

Gross Revenue:$402,463

EBITDA:$70,000

FF&E:$50,000

Inventory:$6,500

Rate/Sq. Ft.:N/A

Established:2000

High-volume shipping mailbox center prestigious neighborhood 19721

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Business Description

Company is a well-established independent retail postal center offering print pack-ship-mailbox services to surrounding communities for the past 15 years, ALL FROM THIS SAME STORE LOCATION. Services include mailbox rental (with 24 hour access), UPS/Fed Ex shipping, DHL, USPS postal services, professional packing, copying, faxing, notary, greeting cards, laminating, shredding, gift wrapping, beer/wine shipping and other related product and services. A knowledgeable and courteous staff provides customers with friendly service designed to save valuable time at a one-stop location. Customers shop at this location for CONVENIENCE.
The company is in one of the more affluent areas of Plano-Frisco, located on major thoroughfares and service the high growth areas of Plano and Frisco. The local area has one of the highest charitable donations rate per capita; meaning that there is a high discretionary income near the store. The company is located in a strip center anchored by a major grocery store tenant. The owner states that at its current sales level, the business has MUCH room for further growth.
The customer base is small-office/home-office (SOHO) businesses, corporate “road warriors”, homemakers and schools. The business sells a significant amount of international shipping to Africa, the Philippines, England, Europe and China. The owner estimates the customer base is 60% residential and 40% commercial customers.
The owner has focused on providing convenient services and products to help small businesses grow and consumers prosper. Customers receive courteous and friendly service designed to save time at a one-stop location. The business is recession-resistant and has continued to grow in the current economic environment. The business also belongs to two strong industry trade associations for training, networking and discounts. The business has matching books and records. Mailbox rentals are a significant source of BOTH income and regular, returning, loyal customers. NOTE E2 VISA ELIGIBLE. This is an ideal business to obtain an E2 Visa: full-time employees and profitable income for a qualified owner-operator.
The asking price for the assets of the business is $229,000. The seller prefers ALL-CASH but will consider up to $20,000 seller-financing to a qualified buyer. All
financing is to be personally guaranteed. The assets include inventory at cost of $6,500 and FFE (Furniture, Fixtures and Equipment) valued at $50,000. The purchaser will need to assume an equipment lease.
KEYWORDS: mail box, PostNet, UPS Store, Packaging, UPS, FEDEX, DHL, shipping, PASS, mailboxes etc, postal connections, pakmail, goin' postal, mbe, Eagle, mail and more, packaging and shipping specialists, safe ship, Plano Collin, Dallas, Fort Worth

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,212
Lease Expiration:
N/A
Employees:
4-5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business occupies ~1,212+/- SF for~ $3,888/mo (~$2,828 base + about $1060 NNN) in a busy strip center. Seller believes that landlord is willing to offer a long-term lease and options to a qualified purchaser.
Competition:
The shipping industry is very competitive. Customers are prepared to drive to this store for superior service and convenience. Despite the presence of competitors, the business has continued to thrive and can grow with modernization and internet marketing. Local competitors include FedEx Office Print & Ship store and The UPS Stores. However, they do not offer the full range of services and options provided by this business. Independent shipping-mailing businesses are also located nearby and have been in operation for many years. The nearby post office does not offer the range of service or convenience.
Growth & Expansion:
The seller has used the location, signage, great customer service, word of mouth and internet to build the business. A new, energetic owner can further increase sales & profits in many ways: 1a. Reduce expenses, especially labor, 1b. Hands-on owner operation, 2. Continue using Google Adwords to market the business, 3. Add digital printing services, 4. Up-selling to current customers, 5. Local Advertising eg Christmas coupons, hotels, 6. Add services such as Lonestar Overnight, freight/crating, 7. Evaluate adding fingerprinting services, 8. Market to local businesses and medical office to and develop house accounts, 9. Direct mail to local home-based businesses, 10. Promote document, print & air freight services due to higher margins, 11. Attend Chamber of Commerce meetings
Financing:
Price $229,000. Seller will finance up to $20,000 to buyer approved by seller
Support & Training:
Seller will train buyer for 2 weeks included with the purchase price. Seller is willing to provide additional training at mutually agreeable fixed compensation to assist with general management functions for a finite period. If desired by buyer, seller is willing to remain as an employee at a mutually agreed hourly rate.
Reason for Selling:
Real Estate Investment

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