Profitable Mailbox Services - IN ESCROW

Encino, CA (Los Angeles County)

Seller Financing Available
Profitable Mailbox Services Prime Ventura Blvd.
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Asking Price: $99,000

Cash Flow: $48,000

Gross Revenue: $95,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,400 /Month

Established: N/A

Profitable Mailbox Services - IN ESCROW

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Business Description

Top Ventura Boulevard location west of the 405 in a shopping center in a busy high traffic shopping district. This well-established and profitable mailbox rental business also offers pack and ship and other business and document services. Many happy customers. The business was fully renovated in 2016 with new marble counters and new wood laminate floors and other high-quality materials on the walls and windows.

Top tier shopping center location with great parking including two dedicated spots just for mailbox customers. This center is well-cared for with a parking garage, security patrol, great other tenants including restaurants and professional services in front and in the upstairs office building. There are over 750 mailboxes and approximately a third of them are not currently rented so new owner can immediately increase the income by renting these out and providing additional services to the new customers.

Bonus large office or conference room can bring additional income with other new services the new owner can offer such as LiveScan or web design, or can be rented out to another business.

Two part time employees and current owner works approximately 30 hours per week. The commute is too far for the current owner so this is a great opportunity for a new owner to step right in and keep growing this profitable and fun business.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Shannon Brown at shannon@mabusinessadvisors.com or 818-497-6866 to receive a confidentiality agreement and learn more about this opportunity.

Detailed Information

Location:
Encino, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
1/31/2024
Employees:
2
Facilities:
750+ mailboxes in 1200SF business space with binus office/conference room. Renovated in 2016 with marble counters and more. Well-kept shopping center. Good security system and signage for the business. Two dedicated customer parking spots near the entrance.
Competition:
There are similar businesses in the general area but this business stands out due to great shopping center location and easy customer parking.
Growth & Expansion:
New owner can add hours, market to new customers, rent out the remaining third of the mailboxes, add more office services, and can use or rent out the large bonus room.
Financing:
Seller will consider seller finance for a qualified buyer with good credit and a sign
Support & Training:
Seller will provide training at no cost to qualified buyer for two weeks.
Reason for Selling:
Family Obligations
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Shannon Brown

Business Listed By:
Shannon Brown

M&A Business Advisors

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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).


Sponsoring Broker:
Matt Coletta, CBB, CBI, M&AMI

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