Packaging, Shipping and Mailbox Rental with Great History
Location: Virginia > Hanover County > Richmond
Industry: Retail Stores > Independent Stores
Financials
Asking Price: $128,000
Gross Revenue: $390,299
Cash Flow: $56,000
Inventory: $6,500 (Included in Asking Price)
FF&E: $32,500 (Included in Asking Price)
Seller Financing: Seller financing is available for qualified buyers with down payment
Business Summary
This is a well established, non-franchise packaging & shipping store that has over 10 years of returning customers. Not only are there no franchise fees, no co-op advertising, or royalty fees, the owner has the flexibility to add services with no restrictions by a franchisor. Current location services UPS, FedEx, US Mail and can add DHL due to no exclusve branding which gives customers more choices and greater client base for businessas. One of few grandfahered UPS locations outside of UPS Stores - RARE. Also provides mailbox rental, copy & binding services, key cutting, and basic office supplies. Very low cost of goods and reasonable rent for location, one of oldest tenant in complex and is a landmark in community. Business has physical room to grow as well as opportunity to double in size with right owner.
About the Business
Year Established: 1998
Employees: 1 full time - 2 part time
Facilities: Excellent location in busy area with room to expand business significantly.
Market Outlook and Competition: Competition: Business is located on one of the busiest intersections in area. Know as the non-franchise packaging and shipping location where service is excellent and customers are treated like family. Business experiences excellent loyalty and retention of repeat customers.
Growth and Expansion: Owner has been approached and is in discussions with major truck rental company to establish services at this location. Due to growth in the area the demand for this service is high and would generate significant revenue. Additionally the location has provided EBay listing and shipping services and recommends new owner to expand this business due to recent closure of EBay selling franchise in area.
About the Sale
Management Training and Support: Seller is willing to train new owner as the business is well established in the community and seller desires smooth transition.
Reason For Selling: Seller is retiring.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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