UPS Store – No Competition

Seattle, WA (King County)

UPS Store – No Competition

Asking Price:$295,000

Cash Flow:N/A

Gross Revenue:$434,177

EBITDA:N/A

FF&E:$75

Inventory:$7,000*

Established:2006

*not included in asking price.

UPS Store – No Competition

Get Financing Save Print Share Valuation Report

Business Description

This is the only shipping and mailing Company in the Rainier Valley – the US Post office is relocating to 4th Ave S. in Seattle – there is no competition in the area. The business has been established since 2006. 52% of the company’s business is in shipping and about 12% is in printing. There are 238 mailboxes (which can be expanded to 300) there are 174 small/48 medium/16 large and they bring in about $3,500 per month in income. The current owner only works about 15 hours a week and a full time owner-operator could easily increase the revenues by taking a hands on approach. There are about 1400 new residential, commercial, and apartment units being built in the immediate area – this is one of the fastest growing areas in Seattle. The business offers a full line of printing options from banners and posters to greeting cards, packing and shipping of small to big items (nationally and internationally), mailboxes for personal and business use, faxing, computer access, notary services, passport and ID photos, shredding, office and mail supplies, and design services, it also offers a complete menu of businesses services. This is a “one stop” shop for all of the needs of its customers. The UPS Store, Inc. is the world’s largest franchisor of retail shipping, postal, printing and business service centers. The monthly royalty fee is 5% of gross sales plus a 3.5% ad fund fee and a $400 per month local co-op advertising fee. The franchise provides 2 weeks of training in San Diego, CA and two weeks of training locally in a certified training store. The current owner has done very little promotion and virtually no social media. This is a gold mine for an aggressive owner operator.

Detailed Information

Inventory:
Not included in asking price
Employees:
3 FT / 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business occupies 1450 square feet. The base rent is $2,363 plus NNN charges of $248 per month. The lease runs till 5/31/2020 and has a 5 year option to extend the term.
Competition:
This is the only shipping and Mail Company in the Rainier Valley – the US Post office is relocating to 4th Ave S. in Seattle – there is no competition in the area. The business has been established since 2006.
Growth & Expansion:
The current owner only works about 15 hours a week and a full time owner-operator could easily increase the revenues by taking a hands on approach. The current owner has done very little promotion and virtually no social media. This is a gold mine for an aggressive owner operator
Support & Training:
The franchise provides 2 weeks of training in San Diego, CA and two weeks of training locally in a certified training store.
Reason for Selling:
The current owner has other business interests
Franchise:
This business is an established franchise

Listing Statistics for Premium Members

Ad#:1265187 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Kirk L. Edwards, CBB, CBIS

Business Listed By:
Kirk L. Edwards, CBB, CBIS

KR Business Brokers

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Grocery Outlet Bargain Market

Franchise Opportunity In WA
Capital Required: $100,000