In Escrow, Mail Center - Independent, Established 25 Years

Orange County, CA

In Escrow, Mail Center - Independent, Established 25 Years
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Asking Price: $300,000

Cash Flow: $119,998

Gross Revenue: $510,390

EBITDA: N/A

FF&E: $25,000

Inventory: $3,500

Rent: $5,309 /Month

Established: 1993

In Escrow, Mail Center - Independent, Established 25 Years

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Business Description

This business has been operating from the same Orange County location and under the same ownership since 1993. Originally opening as a Mail Boxes Etc franchise, the current owners became an independent company in 2003. The business is well known throughout the community and continues to have a strong and loyal customer base. The business offers most of the services that UPS and other mail center franchises offer without having to pay any franchise royalty or advertising fees. These services include shipping through UPS, FedEx, DHL, and USPS, shipping supplies, packaging and packaging supplies, mailbox rentals, stamps, notary, copying and fax services, office supplies, greeting cards, passport photos, and document scanning. This location is also an authorized drop-off center for several carriers, earning commissions on each drop-off. Mailbox rentals at this location have been very strong and continue to be a large source of ongoing revenue.

After operating the business for the past 25 years the owners are burned out and wanting to retire. Virtually no advertising or marketing is being done by the current ownership, relying mostly on referrals and word of mouth. Sales and profits have been very consistent over the past several years and this presents a solid opportunity for a new owner to step in and increase revenue by offering additional services such as LiveScan fingerprinting, shredding, and individual computer time rental. New advertising and marketing efforts will also be an effective avenue for increasing sales.

The books and records of this business are very clean, making bank financing a good possibility. Seller financing is a possibility for buyers with excellent credit and a strong financial statement. Included in the purchase price is inventory, equipment, an active website and domain name, and a complete training period.

Detailed Information

Location:
Orange County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
3 part time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates from 1,200 sf and is located in a busy neighborhood retail center that includes a major supermarket and other nationally branded tenants. The monthly rent is $5,309 including CAM charges. A new lease will be available upon landlord approval for qualified tenants.
Support & Training:
The owner will provide a training/transition period after the close of escrow.
Reason for Selling:
Retirement and general burnout after 25 years
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(from currently available funds)
 
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Bob Baumgarten

Business Listed By:
Bob Baumgarten

National Business Brokerage

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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