Potential Mail Box: Rev $78K, Net $48K, Affordable at $55K, Covina

Covina, CA (Los Angeles County)

Mail Box Business
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Asking Price: $55,000

Cash Flow: $18,298

Gross Revenue: $120,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Rent: $1,900 /Month

Established: 2003

*not included in asking price.

Potential Mail Box: Rev $78K, Net $48K, Affordable at $55K, Covina

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Business Description

> Well-organized mail box store offering such services as Mailbox rental, USPS, UPS, FedEx, DHL, U-Hall service, Notary, Internet Cafe, Stamp sale, Amazon drop, Wep-site servce, and more. Total of 300 of sm, med, and lg mail boxes are available
> Very reasonable rent. Ample store size so you can add more services or machines > Close to Fwy 10
> Good business environmental conditions surrounded by afluent retailors and residential homes.
• Monthly gross turnover is $6,500 on average
• Monthly net profit is $4,000 on average
• All-in rent is $1,900/mo
• Decent store size: 2,000 sq. ft
• Current lease remiains 2.5 yrs. but buyer can apply for a new lease. Seller will help buyer obtain a new lease or additionla options
• 2 pat-time staff work. Average payroll is about $1,300/mo
• Established for 15 years, but 5 yrs in business by the seller
• Plenty of parking space, and especailly 8 parking spaces assigned for U-Hall exclusively
• For more details, contact Kevin Kim at beeinvest.kim@gmail.com
• An online NDA form attached for your quick inquiry. Review, sign and resend for business address & DBA

Detailed Information

Location:
Covina, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
10/31/2020
Employees:
3
Facilities:
Fax machine, Computers , Copier, Counter Top, Key maker, Racks, Shelves, Notary service, Built-in mailboxes, Office space, Shelves
Competition:
UPS is a mile away. USPS
Growth & Expansion:
> Has a potential by adding more services such as Live-scan, Passport, or Pritings. > A high possibility for a chance to acquire Priceless Car Rental Franchise that could earn to $2-3,000/mo the seller used before returning the franchise agreement two years ago
Financing:
None
Support & Training:
2 week by on-site managing employee and 8 hours by the seller
Reason for Selling:
Having another business
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Contact the Seller

(from currently available funds)
 
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Kevin Kim

Business Listed By:
Kevin Yong Kim

Bee Realty Group

Show Phone Number

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