Established Independent Mailbox And Shipping In Auburn For Sale

Business description

This mailbox and shipping business is well established in the same shopping center for 17 years. It is located near to one of the major anchor tenants and the Boeing credit Union ATM and has plenty of available parking. It is NOT a franchise but an independent mailbox and shipping business. There are 250 mailboxes with 180 small, 60 medium and 10 large ones. Over 65% are rented out and the new owner could easily focus on getting more rented. It offers Mailboxes, shipping, packaging, Faxing, Copying, office and business supplies and documents, making of keys, gifts, stamps, laminating and binding, UPS and Fed EX, and Western Union Money Orders. The new owner could easily add internet access, notary service, digital printing and banners, long distance calling cards, and business products. 50% of the clients are business to business customers. There is no immediate competition in the area from Algona/Pacific to SE Auburn. The current owner has not advertised in years and only relies upon past customers and walk-ins. This is a well established business that needs some new life and energy. Seller is retiring and is motivated to sell. This is a turn key business that is easy to operate and run.

Property information

Real Estate:

Lease

Lease terms:

The base rent is $2,146 per month plus NNN charges of $354 per month. The Lease runs till 3/30/2014 with a 5 year option to extend the term. The postal meter machine is leased at $141 per quarter.

Leasehold rent:

$30,000 per annum

Location:

This mailbox and shipping business is well established in the same shopping center for 17 years. It is located near to one of the major anchor tenants and the Boeing credit Union ATM and has plenty of available parking.

Premises details:

This mailbox and shipping business is well established in the same shopping center for 17 years. It is located near to one of the major anchor tenants and the Boeing credit Union ATM and has plenty of available parking. The base rent is $2,146 per month plus NNN charges of $354 per month. The Lease runs till 3/30/2014 with a 5 year option to extend the term. The postal meter machine is leased at $141 per quarter.

Other information

Expansion potential:

The new owner could easily add internet access, notary service, digital printing and banners, long distance calling cards, and business products. 50% of the clients are business to business customers. There is no immediate competition in the area from Algona/Pacific to SE Auburn. The current owner has not advertised in years and only relies upon past customers and walk-ins.

Competition / Market:

There is no immediate competition in the area from Algona/Pacific to SE Auburn.

Support & training:

Seller will provide 2 weeks of on site training, if needed, on the day to day operation of the business.

Reasons for selling:

Seller is retiring and motivated to sell

Trading hours:

9 AM - 6 PM (M-F) 10 AM - 4 PM (Sat)

Financing available:

Cash or bank financing

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$2,500