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Postal & Business Services Center With Long Lease
Location: United States -> New York -> New York County
Industry: Business Services > Postal and Messenger Services




Business Summary

This Upper East Side Packing & Shipping, Mailbox Rental, Business Center, Copying, Faxing, and Full Mailroom Services Shop has been around since 1996. Its 2 founders, both 74 years old, run it on a semi-absentee basis, just 20 hours/week each, and are now 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 together, which could eliminate the payroll expense of at least one of the employees, thus adding to your bottom line. There are 15 year left on the lease for 1,008 square feet. The rent is $10,000/month, which escalates at just 3% a year. 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 and, when it does, sales are expected to get a bump due to the improved visibility. The store is closed on Sundays. Be discreet upon visiting the store, as its employees and customer do not know it is for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $350,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,000
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The seller will train the new owner.
Reason For Selling:  Retirement

Photos

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Postal & Business Services Center With Long Lease Photo 1 Postal & Business Services Center With Long Lease Photo 2 Postal & Business Services Center With Long Lease Photo 3




Print Listing Id: 700252290
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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