Mailing Shipping And Packing Center For Sale

Business description

Shortly after one of Tucson's most accessible retail shopping centers was built in the 1990's, this business opened its doors to the public. It enjoyed immediate success and has continued to grow under its current owner. Now that owner wants to move into a larger business-to-business enterprise. Therefore, he wants to sell this franchise in order to purchase a larger business. The franchisor as well as the current owner will provide extensive transitional support and training for a new owner.

Franchise terms

The franchise agreement is for a 15 year term. Royalties are 5% and a national advertising fee is 2%. Because a cooperative arrangement exists among the Tucson franchisees, one half of that 2% is returned to the Tucson franchisees for advertising activities in Southern Arizona.

Property information

Real Estate:

Lease

Lease terms:

The lease of the business premises expires July 31, 2015. There is one renewal option for an additional 5 years. Base rent is $1,576 per month plus common area maintenance charges. There is a security deposit in the amount of $1,067.

Location:

The business is centrally located in one of Tucson's most upscale regional shopping centers. More specifically, it is at the intersection of 2 of Tucson's busiest streets. The other tenants are an appealing array of synergistic businesses. Several are national companies.

Other information

Expansion potential:

There will be a direct correlation between the continued growth of this business and amount of marketing effort a new owner wishes to invest in this business. The current only works between 20 and 30 hours per week. This business would be ideal for a husband - wife team.

Competition / Market:

There are a number of shipping/mailing/packing businesses in Tucson. However, there is no competitor very nearby this business. The landlord will not allow another shipping and mailing business to be opened in the shopping center.

Support & training:

The franchisor requires almost 2 weeks training at the corporate headquarters. The seller will provide a lengthy period of transitional support for a new owner.

Reasons for selling:

The owner wants to purchase a larger business when his current business is sold.

Trading hours:

8:30 - 6:00 5 days per week. Open for 5 hours on Saturdays.

Financing available:

If a purchaser has good credit, he/she will very likely be able to get attractive SBA financing. The broker has extensive experience with such loans. Also, since there is an underlying loan to a former owner, one may be able to assume that loan. In short, there are several financing scenarios that one may consider.

Furniture / Fixtures value:

$80,000 (included in the asking price)

Inventory / Stock value:

$2,500 (included in the asking price)