TCU Secretarial Placement Pack Ship Store For Sale

Business description

Profitable Pack-Ship + secretarial outplacement located at TCU Campus in Fort Worth. The business has established for 22 years. Business provides 1) on-site secretarial, typing and data entry services, 2) mailbox rental, packaging and shipping services and 3) off-site long-term contracts for secretarial placement services. The business is situated in a highly desirable neighborhood. The Owner has a sustained advertising program, principally involving online yellow pages, the telephone book, and the college newspaper. The business is primarily repeat, referral clientele. A new, energetic owner can further increase sales & profits in many ways including: 1) personal, hands-on owner-operation of the business, 2) increase # of post office box rentals direct mail with lower introductory price, 3) personally contacting local retail & service businesses including banks, 4) directly mailing local home-based businesses, 5) advertising via yellow pages, door hangers, Val-Pak, or other similar products, 6) reduce cost of goods sold to 50% by focusing on sales mix and controlling inventory. The seller must sell the business for health reasons. ALL CASH PRICE $75,000 cash at closing. Seller will finance a qualified buyer at a price $100,000: $50,000 down and balance financed for 5 yrs @ 9% interest ($1038/mo). All financing is to be personally guaranteed.

Property information

Real Estate:

Lease

Location:

The store occupies 1300 square feet of prime retail space at a monthly cost of $1300. There are ~ 3.5 years left on the current lease and the Landlord is expected to offer a long term lease to a qualified buyer. Business is located in a 70 year old strip shopping center facing Texas Christian University which is anchored by the just completed, largest Barnes & Noble bookstore in Tarrant County and short drive to Fort Worth s cultural district and tourist Mecca.

Other information

Expansion potential:

To the West of the store is the university. The area Northwest features Colonial Country Club, a nationally known PGA tour venue. Homes surrounding the golf course are large and generally high priced. To the East is a vigorous small business area.

Support & training:

They will train a buyer for 2 weeks or a mutually agreed extended period. Afterwards, they are willing to provide ongoing consulting with mutually agreeable terms and conditions.

Reasons for selling:

The seller must sell the business for health reasons.

Financing available:

$100k price: $50k down, $50k note 5 yrs @ 9% $1038/month

Furniture / Fixtures value:

$30,000

Inventory / Stock value:

$10,000