Postal Service Franchise - Spring Area
Rapidly growing postal service franchise located on busy highway in a neighborhood shopping center. They offer competitive shipping rates with FedEx, UPS, USPS & DHL. They also sell packaging supplies that include boxes, packaging peanuts, tape, bubble wrap, and envelopes. They also sell office supplies, stamps, and greeting cards. The facilities include 240 private mail boxes available for rent. Additional services include notary public services, copy services, and they make keys.
The owner has invested over $350,000 in leasehold improvements and equipment. Due to family issues, they are now selling this store for $115,000 wherein a new owner once being approved by the franchisor can assume the seller's SBA loan with a down payment of only $25,000. The business was established in 2017 just prior to the boom in the area population and has since grown every year. This store needs an owner operator who will have the time to call on commercial accounts and adequately promote the business to its full potential.
Listed By: Jeffrey Jones
Background information
Reference:
82473
Year established:
2017
Reason selling:
Family issues
Finance
Sales:
$300,000
Profits:
$38,172
Profit type:
Discretionary Earnings
Operations
Employees:
1 part-time employee.
Equipment:
Sell list in file.
Inventory:
$20,000
Premises
Facility:
The facilities include a showroom, packaging area, & office, as well as 240 postal boxes.
Square footage:
1,597
Rent and lease terms:
$6,100 p/m gross. Current lease expires 11/22. A new lease is available at the same beginning rate.
Location:
Spring - Woodlands area
Price and terms
Price:
$115,000
Down payment:
$25,000
Financing:
$25,000 cash down and assume an existing EIDL SBA loan in the amount of $90,000 with a 30 year term with an interest rate of 3.75%.
Training:
Training will be provided by the franchisor and the seller as needed.