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California
SBA Approved! Mail Center with Growth Potential in NorCal - SC2253
Asking Price
$449,000
Revenue
$449,000
Down
$449,000
Cash Flow
$175,000
Description
This business has repeat customers, both local business and residents. They have a recurring revenue stream for mailboxes rentals (450 available mail boxes and 75% are rented). Growth can be obtained through increased marketing in the local market and with the addition of incremental business and personal services, like printing, key making, freight, etc. Growth can also be obtained by adding additional mailboxes and expanding more into virtual mailboxes. They currently operate Monday through Friday from 9:00am to 6:00pm, and Saturdays from 10:00am to 4:00pm. They are closed on Sundays. Additional growth can come from increasing operating hours and operating longer hours on weekends. Also, becoming active in the local community and promoting business to business sales can help.
A very large growth opportunity is expansion into retail store locations as mentioned previously. This retail store has approximately 120 store locations in Northern California and Nevada. By expanding into these retail store locations, you gain a footprint at a very affordable rate (you will not have to pay for electricity, water, clean bathrooms, etc.) and due to the traffic at this retail location, you have a potential built in customer base frequently going to the retail location. The Seller has successfully opened two locations…and has sold one of them with a licensing fee stream to be obtained.
Financial Information
$449,000 Asking Price
$175,000 Cash Flow
$550,000 Gross Revenue
$449,000 Down Payment
On request Adjusted EBITDA
Business Location - Northern California
Reason for Sale - The reason for selling is the Seller is planning on leaving the area.
Detailed information
Year Established:1991
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified:No
SBA Prequalified: Yes
Part-Time Employees: 4
Contractors: N/A
Owner Worked Hours/w: 30
Inventory Included: Yes
Inventory Value: $5,000
Monthly Rent: $5,058
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1500
FF&E Included?: Yes
FF&E Value: $15,000
Training/Support
The Seller is willing to train the new Owner for up to 2 weeks at 30 hours for week. Additional training from the Seller is available at mutually agreed upon compensation from the Seller to the Buyer.
Facilities
This Mail Center operates out of a leased location that is 1,500 square feet. The current rent is $5,058 and monthly CAM charges of $1,800. The current lease is assignable and expires on 12/31/2027.
Market Outlook/Competition
Since the start of the 2020’s, there’s been a 37% growth in business volume for mailing and shipping businesses. Today, more than 20 billion parcels are shipped around the United States annually, with parcel revenue rising by 29% to a staggering $171 Billion in 2020.
License Number
CA 02100708; NV 1003039
Business Details
Year Established:
1991
Employees:
4
FE&E:
15000
Reason for sale:
The reason for selling is the Seller is planning on leaving the area.
Support & Training:
The Seller is willing to train the new Owner for up to 2 weeks at 30 hours for week. Additional training from the Seller is available at mutually agreed upon compensation from the Seller to the Buyer.
Property Information
Size in Square Feet:
1,500 sqft
Lease Terms:
Upon request
Premises Details:
This Mail Center operates out of a leased location that is 1,500 square feet. The current rent is $5,058 and monthly CAM charges of $1,800. The current lease is assignable and expires on 12/31/2027.
Lease & Tenant Information
Lease Options:
$5,058
Posting Information
Posting ID:
4564472
Business Category:
Business Service
Business Types:
Shipping, Mailbox, Postal, Packaging Store
Printing, Copy Shop
Keywords:
Shipping
Postal
Notary
Packaging
Mailboxes
Logistics
Printing
Attributes:
Broker Cooperation
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
SBA Approved! Mail Center with Growth Potential in NorCal - SC2253
Posting ID
#4564472
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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