Two Profitable UPS Stores
Location: Virginia > Richmond County > Richmond
Industry: Business Services > Other Business Services
Financials
Asking Price: $450,000
Gross Revenue: $675,000
Gross Revenue Comments: both stores
Cash Flow: $155,000
Cash Flow Comments: both stores
Inventory: $5,000 (Included in Asking Price)
Business Summary
Owner is selling Two UPS Store Franchises both in the Richmond, VA metropolitan area. With over 5000 stores worldwide, The UPS Store franchise is the world's largest franchisor of retail shipping, postal and business service centers. In 2007, Entrepreneur magazine's annual "Franchise 500", a ranking of franchise opportunities based on factors such as financial strength, growth rate and size, rated The UPS Store #5 among all franchise opportunities and #1 in the postal and business services category for the 17th consecutive year. Easy to operate, no experience necessary. These stores can sold together our individually.
About the Business
Year Established: 1989
Employees: 2 full time - 2 part time
Franchise: Yes
Facilities: Stores are located in nice shopping centers at the two of the most busy intersection in the area. One facility is 2,000 sq/ft and the second location is 1,400 sq/ft.
Market Outlook and Competition: Both stores have great reputations and have a loyal customer base, with a lot of repeat business. Both stores are in great locations with a great mix of homes, apartments and businesses near by. The closest competition is six miles away.
About the Sale
Management Training and Support: Training is provided by UPS (Franchiser)
Reason For Selling: Seller has another business that requires travel and more of his time.
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