Profitable Absentee Run USPS Contracted Store

Palm Beach County, FL

Seller Financing Available
Profitable Absentee Run USPS Contracted Store
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Asking Price: $495,000

Cash Flow: $252,569

Gross Revenue: $1,208,386

EBITDA: N/A

FF&E: $25,000

Inventory: $145,000

Rent: $3,210 /Month

Established: 2000

Profitable Absentee Run USPS Contracted Store

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Business Description

This is a rare business opportunity to own one of the busiest USPS stores in the state of Florida. Est. 19 years, this highly profitable business is run fully absentee with 1 manager in place, 1 FT employee and 2PT employees. The private contract requires USPS approval and good credit. The store has a very popular reputation for selling unique gifts, greeting cards, games, books, stuffed animals, toys and so much more and the convenience for shipping. USPS sales represent about 70% to 75% of the overall revenue of which 21% of that revenue is from metered mail and aprox. 11% from stamps. USPS picks up 2 to 3 times a day. Business hours are Mon- Fri 9-5 & 9-3 on Sat, closed on Sunday. The price includes $145k in inventory of which $35k is in stamps. 2019 sales should be well over $1.2M by year end. Buyer's NDA and financial statement is required prior to disclosure. Please refer to listing 6401170404, business broker Max Crescenzi 561 758 4241 when you inquire about this listing.

Detailed Information

Location:
Palm Beach County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
11/30/2024
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 3210 Square Footage: 1200 Building Type: Anchored plaza Terms & Options: 1-5 year option Expiration Date: 11/30/2024
Competition:
Non Compete : Miles: 5 Years: 5
Financing:
Loan/Other - Amt: 380,000 Mos: 120 Rate: 7.50 Mo Pmt: 4,510.67
Support & Training:
For 1 week at no cost
Reason for Selling:
Movin out of state
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Max Crescenzi

Business Listed By:
Max Crescenzi

Transworld Business Brokers, LLC

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Sponsoring Broker:
Andrew Cagnetta

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