Asking Price: SOLD
Adjusted EBITDA: $95,992
Business Description: The business is a well-established premiere 20+ year-old independent Fort Worth Area Mail-Pack-Ship Business for Sale offering full-service physical and virtual mailbox rental with 24-hour access, UPS/FedEx/DHL shipping, USPS shipping, stamps & services, professional packing and supplies, copying, printing, fax, scanning, notary, secure document shredding, retail greeting cards, specialty gifts and related products/services to residents and businesses in the surrounding area. A knowledgeable and courteous staff provides personal customer service, knows most customers by their first name and is committed to making the customer happy and saving their valuable time at a one-stop location. The business is located in a busy shopping center with several anchor chain stores. This popular and busy shopping center has easy access, ample parking and, most importantly, is located at a high traffic intersection with ~39,000+ cars passing daily.
The customer base is small-office/home-office (SOHO) businesses, corporate “road warriors”, homemakers and schools. The owner estimates the customer base is approximately 55% residential and 45% business customers.
SOLD !! Closed in 60 days with multiple offers! We can sell YOUR Mail-Pack-Ship Business, too!
The owner-operator works full-time in the business and is able to take vacations without calling in. The owner feels that a major advantage over competitors is the trained, motivated, professional employee team, the choice of multiple shipping services, the longevity of the same store in one location and long-standing relationships with customers. The customers are happy with the service and committed to using the company. The business is recession-resistant, and a new, energetic owner can further increase sales & profits in many ways such as 1) continue growth of highly profitable mailbox rentals, 2) join and add national services through Package Hub Business Centers Franchise, 3) continue virtual mailbox growth and increase range of services (very little incremental cost), 4) add virtual mailbox vendors, 5) add passport photos, fingerprinting and full service print services
Looking for a larger mail-pack-ship business? Check out this other one
Purchase Price: The asking price for the assets of the business is CONFIDENTIAL. All financing is to be personally guaranteed. SELLER PREFERS TO SELL FOR ALL-CASH. Seller Financing is subject to Seller’s Approval, in Seller’s SOLE discretion and responsibility, of the Purchaser’s financials, Creditworthiness and suitability as the Purchaser. All financing is to be personally guaranteed. The assets include inventory at cost of $6,000, Accounts Receivable of $00 and FFE (Furniture, Fixtures and Equipment) valued at $70,000. The purchaser will need to assume 1) PostalMate software subscription (approximately $112/month). The price will be adjusted for actual inventory and accounts receivables as of the sale date.
Testimonial from Purchaser Via Google Review – Adam Noble Group, LLC
“Awesome service!!!! Jeff is above and beyond. He made the transition process seamless. This is our second purchase in last three year we will definitely consider in future too. Thank you for all your help.”
Sincerely, Sohail Rajani, MR EXPRESSMAN, LLC
Facilities: The business occupies approximately 1,574+/- SF office space in an upscale location in the Fort Worth area. The current 5-year lease extension term expires approximately December 31, 2022 and is leased for ~$2,295/mo (plus NNN of approximately $1,091/mo). Seller believes that landlord is willing to offer a long-term lease and renewals to a qualified purchaser.
Competition: The retail shipping industry is very competitive. The business attracts customers primarily from a 5-mile radius. Despite the presence of well-established competitors, the owner feels that customer service at the store is outstanding; employees are professional, well-trained and knowledgeable to operate the front of the business, pack, ship and sell. Customers are prepared to drive to this store for superior service, range of products (not limited as to their own products such as a UPS Store) and convenience.
Growth & Expansion: The business has built a strong reputation over 20+ years for quality and specialized work. Much of their current business comes from repeat and referrals. The Primary Target Market consists of approximately 55% consumer and 45% business mix within a 3-4 miles geographical radius. The seller has used the location, signage, word of mouth referrals and friendly service to build the business.
The business is recession-resistant, and a new, energetic owner can further increase sales & profits in many ways such as 1) continue growth of highly profitable mailbox rentals, 2) join and add national services through Package Hub Business Centers Franchise, 3) continue virtual mailbox growth and increase range of services (very little incremental cost), 4) add virtual mailbox vendors, 5) add passport photos, fingerprinting and full service print services.
Looking for a different business in Fort Worth?
Support & Training: Seller will train buyer for 2 weeks included with the purchase price. Seller is willing to provide additional training or support at mutually agreed compensation for up to 30 days.
Reason for Selling: Semi-Retirement
NOTE: The sale of a business is confidential and discreet; PLEASE DO NOT VISIT THE BUSINESS OR SPEAK WITH ANY EMPLOYEES. We know about many businesses that are for sale but might not be advertised. Check out www.adamnoble.com for more information and consider registering your criteria as a purchaser.
For information, reference Fort Worth Area Mail-Pack-Ship Business 20021 and contact Jeff Adam, PE, MCBC, FRC, CBB at Adam Noble Group, LLC
Phone: (817) 467-2161
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