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Well Known Mail Center Franchise SC2059
Well Known Mail Center Franchise - SC2059
Financial Information
- Asking Price: $325,000
- Gross Revenue: $566,278
- Cash Flow: $90,469
- Down Payment: 0
- FF&E (Included): $50,000
- Inventory: $5,000
- Financing: Yes
Business Location
- El Dorado County, Northern California
Primary Business Category: Private Mail Centers
This Northern California based Mail Center Franchise is a California S Corporation and has been in operation for 30 years and under the current ownership for the past 18 years. They are very well established in Northern California and have a great reputation for providing mail center services. The provide full turnkey service, including Packing Materials and Supplies, Packing Services, Shipping with UPS, USPS and FedEx, Notary, Copying, Faxing, Key Cutting, Mailboxes, Office Supplies, Laminating, Binding, Cards and Gifts, etc. They can provide local, national and international shipping services.
Competition Description
Mail Centers have seen a strengthening in popularity over the past few years. With the ability to ship any way you like, and the versatility to purchase office supplies, have customized shipping, and deal with the large surging amount of Amazon returns, it is no wonder these types of franchise businesses are in high demand.
Growth / Expansion overview
This business has mostly repeat customers due to its longevity in operation. They have almost 400 mailboxes that provide a recurring revenue stream (most all of the mailboxes are rented). They are centrally located in a busy shopping center. Growth can be obtained through increased marketing in the local market and with the addition of incremental business and personal services.
Support / Training Comments
The Seller is willing to train the new Owner for up to 2 weeks at 20 hours per week. Extensive training is provided by the Franchisor. Seller is willing to provide additional training at mutually agreed upon terms.
Financing Comments
Willing to finance up to 20% of purchase price at 7% interest over 5 years, dependent on offer price adn quality of Buyer
Reason For Sale
Sellers Looking To Retire
- Home Based: No
- Year Established: 1991
- Franchise: Yes
- Year Acquired: 2003
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Real Estate Asking: N/A
- Days Open: Monday-Saturday
- Hours Open: 8:30am to 5:30pm, M-F, 9am to 3pm Sat
- Fulltime Employees: 2
- Part time Employees: 1
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: ON REQUEST
- Building Size: 1200 sq. ft
- Monthly Rent: $4,063
- Lease Expires: 11/01/2024
- Lease Miscellaneous: Base rent at $3008
Broker: ProEquity Asset Management Corporation. License ID: 01870526
Listed By: Adriana Sargent
Background information
Reference:
SC2059
Year established:
1991
Reason selling:
Sellers looking to retire
Finance
Sales:
$566,278
Profits:
$90,469
Profit type:
Free Cash Flow
Operations
Employees:
Full time Employees: 2 Part time Employees: 1
Equipment:
Upon request
Inventory:
Upon request
Premises
Square footage:
1,200 sq. ft.
Rent and lease terms:
Building Size: 1,200 sq. ft. Monthly Rent: $4,063 Lease Expires: 11/01/2024 Lease Miscellaneous: Base rent at $3,008
Location:
El Dorado County, Northern California
Opportunities
Growth:
Growth / Expansion overview This business has mostly repeat customers due to its longevity in operation. They have almost 400 mailboxes that provide a recurring revenue stream (most all of the mailboxes are rented). They are centrally located in a busy shopping center. Growth can be obtained through increased marketing in the local market and with the addition of incremental business and personal services.
Market:
Competition Description Mail Centers have seen a strengthening in popularity over the past few years. With the ability to ship any way you like, and the versatility to purchase office supplies, have customized shipping, and deal with the large surging amount of Amazon returns, it is no wonder these types of franchise businesses are in high demand.
Price and terms
Price:
$325,000
Down payment:
$0
Financing:
Seller financing available: Financing Comments Willing to finance up to 20% of purchase price at 7% interest over 5 years, dependent on offer price and quality of Buyer
Training:
Support / Training Comments The Seller is willing to train the new Owner for up to 2 weeks at 20 hours per week. Extensive training is provided by the Franchisor. Seller is willing to provide additional training at mutually agreed upon terms.