Shipping & Packaging Store

Location: Alabama, United States
Category: Services
Type: Established

Financials

Asking Price: $319,900
Cash flow: $61,946
Revenue: $395,803
Gross Income: Not Disclosed
Inventory: $6,000 - Included in the Asking Price
FF&E $70,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

The Mail Boxes, Etc. concept was introduced in 1980 as an innovative alternative to the services provided by US Postal Service. As the concept has developed and expanded over the past twenty-five (25) years, additional services and products have been added to the business model where The UPS Store is recognized as the #5 strongest franchise concept by Entrepreneur Magazine. In April 2001, Mail Boxes Etc., the world’s largest franchisor of retail shipping, postal and business services became a subsidiary of UPS, the world’s largest express carrier and package delivery company. As a testimonial to the acceptance of the services provided by the company, The UPS Stores have a global presence with 5,300 locations in over 40 countries and territories. Currently, there are more than 3,800 locations in the United States alone and the brand continues to get stronger and more recognized in the mind of the consumer. When the typical consumer thinks of The UPS Store, shipping immediately comes to mind. What is not as obvious is the complete array of business services available providing consumers with a one-stop shop for a variety of needs. In addition to domestic and international shipping, products and services include copy services, document finishing (binding, laminating, etc.) notary services, printing services, full-service packaging, freight crating and shipping, mailbox and postal services, office and packaging supplies and more. In our society where convenience and efficiency are value drivers in our lives, The UPS Store moves personal and business productivity to new levels. Usually the advantage offered by convenience and efficiency is offset by a higher price for the services provided. With the acquisition of the Mail Boxes, Etc. system by UPS, more economical shipping rates and better delivery services are now available to the individual as well as the backbone of the US economy, the small business owner. The UPS Store champions itself as being a service provider that values the time and dollars of the small business owner. Due to the fact that The UPS Store system is built upon locally owned and operated stores, the small business owner has a true friend in this franchise concept. This business operation lends itself to the owner/operator that enjoys customer interaction and high quality personal service. This existing business is mature and well established in a market area that is upscale, growing and positioned near major traffic arteries. The buyer of this business can enjoy a stable and consistent business operation that is poised for continued revenue growth.

The business is operated from a leased facility which is a part of a strip shopping center that is anchored by a major grocery store chain. There are several other national tenants that draw a high volume of repeat consumer traffic to the center. The lease space is 2,000 square feet in size which is slightly larger than the typical UPS Store model. This additional space has been used for additional mailbox rental area and a larger storage area for shipping supplies and consumable inventory stock. The lease rate for the space is $3,185.78 per month which is a reasonable current market rate for this upscale and well maintained shopping center. The term of the lease remaining is four (4) years as the initial term of five (5) years has been completed and the five (5) year option period has been entered into. There are no additional options available with the present lease but it is assumed that the landlord would welcome the business to remain in the center at the conclusion of the remaining four (4) year period.

With the great variety of services provided now by The UPS Store system, the public may have lost sight of the advantages of the “one-stop” shop offered by the franchise. The local market area has not been personally solicited in a period of time to make businesses in the immediate area aware of the advantages of doing business in the neighborhood. With the transition from The Mail Boxes, Etc. name to the more widely known UPS brand, a re-education of the local consumer could lead to increased sales. The local businesses could be solicited to insure that they are aware that the business does much much more than just providing shipping services.

General Information

Reason Selling: The energy and stamina required to open a new business is substantial and now the sellers are ready to retire, slow down a bit and to enjoy a growing flock of grandchildren.

Number of Employees: 2
Year Established: 1999