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RECESSION RESISTANT NORTHERN CALIFORNIA MAIL CENTER FRANCHISE - SC2109
RECESSION RESISTANT NORTHERN CALIFORNIA MAIL CENTER FRANCHISE - SC2109
Financial Information
- Asking Price: $349,000
- Cash Flow: $150,000
- Gross Revenue: $350,000
- Down Payment: $249,000
- Financing: No
- FFE (Included): $150,000
- Inventory: $10,000
Business Location
- Northern California
Business Description
Market Outlook/Competition
Seller Financing Description
Support & Training
Reason for Selling
Detailed information
- Year Established: 2020
- Home-Based: No
- Franchise: Yes
- Relocatable: No
- Required Licenses:
- Is Property Leased: Yes
- Real Estate Included: No
- Real Estate Available: N/A
- Real Estate Value: N/A
- Part-time Employees: N/A
- Full-time Employees: 1
- Building Size: 1300sq ft
- Monthly Rent: $2,500
Broker: ProEquity Asset Management Corporation License ID: 01870526
Listed By: Adriana Sargent
Background information
Reference:
SC2109
Year established:
2020
Reason selling:
The reason for selling is Seller is looking to pursue other interests.
Operations
Employees:
Part-time Employees: N/A Full-time Employees: 1
Equipment:
FFE (Included): $150,000
Inventory:
Inventory: $10,000
Premises
Facility:
Is Property Leased: Yes Real Estate Included: No Real Estate Available: N/A
Square footage:
1300sq ft
Rent and lease terms:
Building Size: 1300sq ft Monthly Rent: $2,500
Location:
Northern California
Opportunities
Growth:
Growth can be obtained through increased marketing in the local market and with the addition of incremental business and personal services, especially print services. Growth can also be obtained by adding additional mailboxes. This business opened in January 2020 and was initially impacted by Covid during their ramp up period. They did not resume full operations until June 2021 and have been ramping ever since. Growth can also be obtained by increasing store hours (currently only operating Monday through Friday from 10am to 6pm).
Market:
This business has several repeat customers due to its longevity in operation, both local business and residents. They have a significant portion of mailboxes that provide a recurring revenue stream. They are centrally located in a busy and prominent business area.
Price and terms
Price:
$349,000
Down payment:
$249,000
Financing:
The Seller is willing to finance up to $100,000 of the purchase price over 3 years at 7% interest. The amount financed will depend upon the agreed upon price and quality of the Buyer.
Training:
The Seller is willing to train the new Owner for up to 2 weeks at 40 hours for week. Extensive training will be provided by the Franchisor. Additional training from the Seller is available at mutually agreed upon compensation from the Seller to the Buyer.