Franchised Postal Store For Sale

Business description

Turn key, franchised postal/mailbox store was first established in 2004. This attractive, near new store has reached break-even status and is showing a modest profit for the first three months of 2007. The company receives reimbursements come from UPS, DHL and FedEx. The store has approximately 86 total mailboxes with approximately 55 rented out now. They provide full mailbox rental service with three sizes to meet the needs of both individuals and small businesses. Complete fax services complements small offices or home office based businesses. The store stocks greeting cards, miscellaneous office supplies for clients as well. Start up cost for a new store average around $150K according to the Franchisers prospectus. There is a $5,000 transfer fee and the royalty fees are 5% plus 2% to an advertising fund.

Property information

Location:

The area is a densely populated community of San Diego with just over 78,000 residents encompassing nearly 27,000 housing units. The median age is just over 34 years old and 52% female. Over 73% of the residents are over 18 years old. There is customer parking on site. Hispanics make up 50% of the local population followed by Caucasians at 31% and Asian/Pacific Islanders at 11%. 35,600 cars pass this location daily.

Other information

Expansion potential:

Established turnkey franchised mailbox store; Buy an established store for the cost of a start up! Attractive busy retail location; Easy to learn-easy to manage business for a working owner; Recession Proof industry; Low inventory, No accounts receivables; 35,600 cars pass this busy street daily according to Sandag.

Competition / Market:

The company does local advertising to the community and the Franchisor supplements this with their county and National ad campaign.

Support & training:

Seller will provide one week.

Reasons for selling:

Health and to spend more time with family.

Trading hours:

Monday – Friday, 9am - 6:00pm; Saturday, 9:00am to 3:00pm. Closed Sunday

Furniture / Fixtures value:

$60,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)