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Listed by:

Coldwell Banker Bain

Mailbox And Shipping Store Sold As Is For Sale

Bothell, Washington, US
Asking Price:
$33,000 Furniture / Fixtures included
Sales Revenue:
$100K - $250K
Cash Flow:
Under $50K

This Non-franchise mailbox rental and shipping store is a perfect business for investors, absentee or semi-absentee owners. Also, a good fit for couples, partners, spouses, and retirees. Very NOT labor intensive at all so it’s easy on your back and the rest of your body. This is a people-oriented type business, so if you like people and have good people skills this is a great business to own and operate.
It’s very simple to learn and with little or no employees to deal with the labor costs and employee headaches are at a minimum. This business is 30 years established located in a high traffic shopping plaza with many stores and even a major grocery chain store as a solid anchor keeping this plaza hopping with cars and people. Not a franchise means NO franchise fees or restrictions. It also means you can add to the services being offered and or you can add retail products you could even sell gifts. Holiday season lots of people shipping packages, last minute gifts and cards =$$$.
Also NOT being a franchise means you have the power to underprice or offer services the competition CAN NOT compete with. Besides not being physically demanding on your body it’s 9-5 type hours so evenings and weekends are pretty much off. The technical term for that is called, “Quality of Life.” Another big plus is this is a very clean business as there is NO perishable food to order and maintain. Most small businesses don’t offer these such good things. Monthly lease is very low, especially for such a high traffic shopping plaza.

There are so very many ways to grow this business and increase the cash flow. Currently, it’s NOT offering any printing services, many or most of these mailbox rental and shipping businesses will have a working relationship with a printing shop which gives you the ability to offer a wide variety of printing services to your customers. Everybody wins, the print shop gets more business, your customer is happy and you make money on the transaction too for just generating a work order for the print shop. It’s one of those win, win situations that you hear about but hardly ever see. At the end of each day clean, up only takes minutes, prep time when opening in the morning only takes minutes, you can even do it while having your morning coffee.

Most if not all the services offered here only cost pennies on the dollar to provide. This means your profit margin on your services is extremely high. People will always want and need services such as these, P.O. Boxes, shipping and a safe place for their packages to be received, etc. Sold as-is seller to consider all offers This is a simple business to own and operate, most small businesses have a lot more moving parts and headaches. Give us a call on this one.

Property Information

Real Estate:

Lease

Lease Terms:

Landlord willing to give long term lease to new tenant. New owner would enjoy a low monthly rate.

Leasehold Rent:

$28,116 per annum

Location:

This business is 30 years established located in a high traffic shopping plaza with many stores and even a major grocery chain store as a solid anchor keeping this plaza hopping with cars and people.

Premises Details:

Monthly lease is only $2,343 that’s with triple net included. The lease is assignable and renewable. The landlord will give a long-term lease to a new business owner. 300 mailboxes with a third of them rented out. 24/7 access to the mailboxes for your customers. It should be noted that mailbox rentals can make big money with little or NO cost to maintain. Also included in the purchase price is a nice website. Square footage is 832 and plenty of more parking.

Size in square feet:
832

Business Operation

Expansion Potential:

There are so very many ways to grow this business and increase cash flow. Currently, it’s NOT offering any printing services, many or most of these mailbox rental and shipping businesses will have a working relationship with a printing shop which gives you the ability to offer a wide variety of printing services to your customers. Everybody wins, the print shop gets more business, your customer is happy and you make money on the transaction too for just generating a work order for the print shop. This same concept can be used for many additional services you want to add. Besides the increased cash flow, it makes you and your business look better as you are able to offer more services for your valued customers. No marketing or advertising is being done so if the new owner made a more aggressive effort to fill these rental mailboxes, you would not only get added income from the new mailbox rentals but the extra daily traffic coming into this store would definitely increase your sales on the other services you offer. The services of mailbox rentals, shipping, notary, shredding, lamination, and copying currently offered can be expanded upon. Currently closed on Sundays and closes early on weekdays at 5:30 PM so this business misses out on many paying customers when they are coming home from their workday.

Competition / Market:

Very limited competition close by.

Reasons for selling:

Owned by partners and the partnership is dissolving

Trading hours:

9 am to 5:30 pm

Employees:
1 full time
Years established:
1988

Other Information

Support & training:

2weeks training offered but it is negotiable

Furniture / Fixtures value:
$9,000 - included in the asking price

Contact Coldwell Banker Bain

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