UPS Store in Luxury Charlotte NC Neighborhood.

Charlotte, NC (Mecklenburg County)

Remodeled in 2017
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Asking Price: $750,000

Cash Flow: $232,756

Gross Revenue: $814,000

EBITDA: $112,362

FF&E: $150,000

Inventory: $5,000

Rent: $4,550 /Month

Established: 1997

UPS Store in Luxury Charlotte NC Neighborhood.

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Business Description

New Price - - SBA Loan Approved

The UPS Store is ranked in the top 5 of all franchises and is #1 in its category according to Entrepreneur Magazine. This established store is located in a prime location in the heart of the wealthiest area of Charlotte, NC. We opened in 1996 and are considered a true neighborhood establishment with a great reputation for excellent serivce. We have hundreds of 5 star google reviews! This store ranks in the top 10 in sales for the region and steady year over year growth. From highest to lowest sales our store offers: UPS and DHLShipping, printing, mailbox, USPS, packing, notary, and other services. It's a great opportunity for a family business. One or both spouses could run this store and make a great life.

Detailed Information

Location:
Charlotte, NC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,316
Lease Expiration:
9/30/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1316 Square foot retail space in the front of the center with excellent reserved parking spots. Easy to get in the parking lot from all directions. Lot's of walk-up customers. Next to a Caribou Coffee. Lease expires in 2022 with a (7) year extension option. You will be equipped 100% in compliance with corporate standards at transfer. New A/C unit was purchased in 2016.
Competition:
The closest retail competitor is a FedEx Office two miles away. There are three other The UPS Stores within a 5 mile radius. The territories are locked in and there can be no other store territories to effect this store.
Growth & Expansion:
There are approximately 1,000 high end apartment units being built in the area. Average household income in a 1/2 mile radius around the store is $121,000 per year. Printing and freight services are the two profit centers that have the most potential for growth.
Financing:
SBA loan is available for this business
Support & Training:
The UPS Store, Inc offers two week training at their San Diego home office, web based training, official in store training and training by me in my store.
Reason for Selling:
Retiring/Working on new business
Franchise:
This business is an established franchise
Business Website:
http://www.theupsstorefranchise.com
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Business Listed By:
Peter McCranie Jr

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