Financing: $210,000.00 Down and
Reason for Selling:The two partners are ready to
retire after running this store
for 20 years.
This Upper East Side Mailbox Rental, Packing & Shipping,
Internet Service, Copying, Faxing, and Full Mailroom Services store
was established in 1996. Its 2 founders, both 74 years old,
now run it on a semi-absentee basis (20 hours/week each)
and are quite ready to retire. They have 2 very dependable
full-time employees, who would like to stay on.
This business would be perfect for a couple to run full-time together,
which could eliminate the payroll expense of at least one of the
employees, thus adding to your bottom line.
The lease for 1008 square feet runs through 2032.
The rent is $10,000/month, which escalates at just 3% a year
for the next 15 years. The storefront is extra-wide and faces an avenue
with an UES address that appeals to the 120 plus customers renting
mailboxes there. The scaffolding in front of the store is due to come down
in the next couple of months after 4 years of obstructing the view.
This will boost visibility and sales should begin to rise again.
The store is closed on Sundays. Please contact the listing broker for
an appointment to meet with the sellers.
Attention Business Owners:
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.