Profitable Mailbox And Business Center Store In Kirkland For Sale

Business description

Established, profitable and NOT labor intensive at all. Great location, low lease, low labor costs. This business has it all. Totally turnkey and fully equipped. City improvements (new condos to be built) just right across the street. Has 383 Mailboxes currently at 70% full. Most services in this type of business have a high profit margin, only pennies on the dollar to offer. Business is 10 years established. Unlike the restaurant business no long hours or no high labor or food costs. This is one of the few type of businesses that allow for regular work hours. Imagine being an owner operator of a small business with regular, normal work hours, time off, how nice. Also this type of business is very conducive to absentee owner. This is not a franchise so the services offered are only limited by your own creativity so you don’t have anyone dictating the services you can offer. Although the current name is very well known so you get the benefit of a well known name but not the headache of a franchise. Currently offers mailbox rentals, shipping with all the major shipping companies, copy and fax service. Notary, laminating, business cards even some types of secretarial services. Also offer binding and money orders along with retail sales of office supplies and greeting cards. Also offered is internet service. But there are so many more services that could be offered to increase sales. Could offer passport photos, document shredding, Video & Photo Conversion to DVD, engraving, key duplication just check out the services the other mail box type stores offer and you’ll find so many more money making services that could be offered. Seller is motivated willing to go the extra mile for the right buyer in training and even seller financing. If you are looking for a clean business, no perishable inventory, low labor costs, not labor intensive, high profit margin on the services offered this a really is a good business to take a closer look-see. Give us a call to set up a tour.

Franchise terms

This is not a franchise so no franchise fees, but the name is well known in the area so many people think this is a franchise. So you get the benefit of a well known name without all the restriction and fees associated with a franchise.

Property information

Real Estate:

Lease

Lease terms:

Monthly lease amout is $2,200. , lease is assignable and transferable. Lease expires 4/30/ 2014.

Leasehold rent:

$2,200 per month per annum

Living accommodation:

None

Location:

Located on a corner lot with great visibility. Plenty of parking 16 spots. Easy to get in and out of parking lot for customers. Self standing building, lease is low. Newer roof, newer HVAC and A/C. Established and busy location with city changes (new condo developement across the street) should benefit this mailbox store even more. Business is well lit up and has room to offer more services.

Premises details:

Business is 10 yrs established and located on a busy corner lot in Kirkland. Great signage. Kirkland has the small town appeal, a friendly atmosphere to live and work. Because of the nature of mailbox business you will get to know most of your customers on a first name basis. Most of the equipment is owned and in great working condition. Seller willing to train in every aspect of business to buyer. Very easy business to run and very easy working hours. An excellent opportunity for a spouse because of the work hours and not labor intensive at all. Clean, bright, self standing building, newer roof, Alarm System, A/C and HVAC. Low monthly lease.

Size in square feet:

1,325

Other information

Expansion potential:

There is many more services this Mailbox business center could offer. More services offered more happy customers more bottom line profits. This is not a franchise so, so much freedom and no royalties, you are in control. Also current owner has not actively gone out to get more accounts. No website, so if new owner had a professional website and actively pursued accounts that would for sure increase the cash flow. When you compare mailbox store services you'll see that there is so many other possible services that could be offered. There is also room to add more mailboxes.

Planning consent:

N/A

Competition / Market:

Established and many loyal customer base. Not a franchise but the benefit of a well known name that most people think is a franchise. Not much competition in this high traffic corner of Kirkland. Great signage and exposure. Pretty much all the area knows of this business. Because of it's signage, exposure and the fact that this mailbox store is well established as part of the community.

Support & training:

Seller motivated willing to offer 2 weeks training and more is negotiable. Seller willing to go extra mile for buyer to make a smooth transition. Seller even willing to continue to do the book keeping for buyer if so desired.

Reasons for selling:

Seller pursuing other business interests

Trading hours:

Monday thru Thursday 8:30 to 6:00
Friday 8:30 to 5:30
Saturday 9:00 to 1:00
Sunday Closed

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

55% down balance to be paid at 6% interest over 48 months.

Furniture / Fixtures value:

$7,000 (included in the asking price)

Inventory / Stock value:

$2,000