Unique Independent Mailbox & Gift Biz

Seattle, WA (King County)

Seller Financing Available
Unique Independent Mailbox & Gift Biz

Asking Price:$85,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$4,000

Inventory:$2,500*

Established:1995

*not included in asking price.

Unique Independent Mailbox & Gift Biz

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Business Description

Non-franchise mail box rental and gift store business in a great location in Seattle. Lots of almost captive customers to cater to. Closeness to the water and to many major hotels keep the tourists patronizing this business. The tourists buy their Seattle gifts and it is cheaper and more convenient for them to ship the gifts and goodies home than to carry them on the plane when they leave Seattle. So this business is somewhat a tourist hotspot. Although this business is more than just a mailbox rental and package shipping business, this business also sells a lot of gifts that are locally made or just plain good ole Seattle memorabilia which tourist just have to have. This is not a franchise and that is why so many great unique gifts can be offered. Not being a franchise also means this business can use all the shipping carriers UPS, DHL, Fed Ex etc.. It also means no franchise rules and regulations to deal with. And oh yeah no royalties to pay. If you have mail box rental and shipping experience this could a great opportunity for you. Your ideas and creativity on services and products offered, well you’re the person who makes that call and not some franchise located in another state. This mail box and shipping store has been a fixture in this community for about 20 years. So yes it is turnkey and profitable new owner can start making money right away. This business is just so conveniently located besides what is already been mentioned this business is surrounded by high rise office buildings and just too many businesses to count. Meaning there is so many much more profits that could be made. Right now only a small handful of services are offered but so many more business services could be offered and cost only just pennies on the dollar to offer. Services like notary services, passport photos, perhaps even a document shredding service. The printing activities could also jump 2 or 3 fold in profits as you could offer business cards and banners etc.. You do not even have to do the actual printing you just develop a relationship with a print shop. Then you can offer one stop shopping for all the customers business needs. You become a broker to the print shop, you never have to leave the store. Your customer is happy with the convenience of his printing needs being taken care of, the print shop is happy with the extra business and of course you will be happy with the extra $$$ for just generating some paperwork at your store. It is one of those win, win situations that you hear about. Another neat way to make more sales is to add more mail box rentals as there is a lot of room to do so. If a new owner made a more aggressive effort to fill the mail boxes, you would not only get added income from the new mail box rentals but, the extra daily traffic coming into the store would definitely increase your sales on any other services you can offer. If new owner wants to open on Sundays there is a demand for shipping as so many tourists are flying out of Seattle on Sundays. Some of the other advantages of this kind of business is most if not all the services offered are not labor intensive, so your back and joints will be thankful. The operation hours lend for evenings and weekends off. No perishable inventory to order and maintain. Very few, so little or no employees issues to deal with. Most small businesses especially food related can’t offer this kind of, “Quality of Life Benefit.” All equipment is owned and included in the sale even already has a beautiful website set up.

Detailed Information

Inventory:
Not included in asking price
Employees:
1 FT 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease is very reasonable especially for such a high traffic and prime location in Seattle. $2,950 per month and that is with the triple included. Lease is assignable and expires in 2019. Has option to renew. Just a few years ago seller spent $30,000 in remodeling. So now it is a beautiful retail space right in front of your front counter. This is a strong benefit that new owner can take advantage of. About 1,000 SQ FT and spacious back room. Great signage and street visibility. Lots of foot and auto traffic right outside the front door. Street parking.
Competition:
To expand the profits new owner can do a better job at networking with the hotels and businesses all around it. There is more tourist business that needs to know that this business is here. New owner should develop a relationship with a print shop so can offer more services for their customers. Another neat way to make more sales is to add more mail box rentals as there is a lot of room to do so. If a new owner made a more aggressive effort to fill the mail boxes, you would not only get added income from the new mail box rentals but, the extra daily traffic coming into the store would definitely increase your sales on any other services you can offer. If new owner wants to open on Sundays there is a demand for shipping as so many tourists are flying out of Seattle on Sundays.
Growth & Expansion:
To expand the profits new owner can do a better job at networking with the hotels and businesses all around it. There is more tourist business that needs to know that this business is here. New owner should develop a relationship with a print shop so can offer more services for their customers. Another neat way to make more sales is to add more mail box rentals as there is a lot of room to do so. If a new owner made a more aggressive effort to fill the mail boxes, you would not only get added income from the new mail box rentals but, the extra daily traffic coming into the store would definitely increase your sales on any other services you can offer. If new owner wants to open on Sundays there is a demand for shipping as so many tourists are flying out of Seattle on Sundays.
Financing:
80% down case by case basis
Support & Training:
Two weeks training is offered more is negotiable
Reason for Selling:
Husband does not want wife to work

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David Smith

Business Listed By:
David Smith

Coldwell Banker Bain

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