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Business for Sale Summary

Mailbox, Shipping/Postal & Business Service Center - 27743

Business Type: business/office supplies,misc. retail/non-classifiable,freight moving/delivery/storage/warehousing,misc. servicel/non-classifiable,other business services,best deals!,new to market,mailbox/postal business solutions
Mailbox, Shipping/Postal & Business Service Center
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Financial Information (non-confidential)

General Information
Asking Price $280,000 Down Payment $240,000
Gross Revenues $450,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$240,000 Down and $40,000.00 over 24 months @ 6%

Business Description

This Manhattan-based Mailbox, Shipping/Postal & Business Service Center was established in 1996 by its 2 founders, who run it on a semi-absentee basis (each of them is there a mere 20 hours/week) with the assistance of 2 dependable full-time employees. The storefront is extra-wide and faces an avenue with an UES address that appeals to the 120 plus customers renting mailboxes there. The lease for 1008 square feet runs through 2032 -- that's another 16 years for you. In about a year, the base rent re-sets to $10,000/month and then escalates at just 3% a year for the next 15 years. Convenient personal and business services include shipping, copying, faxing, packing, and the selling of related supplies. This business would be perfect for a couple to run full-time together, thus eliminating the payroll expense of at least one of the current full-time employees. The store is closed on Sundays. If you move quickly, you can acquire this business in time for for its holiday season peak.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.