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#Business ID: 16918

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Post Net Printing Mailbox Copy Shipping Business

Business Location: Southlake, Tarrant, Texas, United States

Asking Price: BUSINESS SOLD Revenue: $ 208,394 Cash Flow: $ 16,004

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Company is a well-established full-service custom print, copy, pack, ship and digital services PostNet franchise center located in Southlake. The business offers full service custom printing services including: business card, postcards, booklets, flyers, or signs and banners, color copies and finishing services (including laminating, binding, cutting and folding). Clients are offered full-service mailbox rental, graphic design, copying, internet access, shipping, FedEx, UPS, USPS, professional packing, fax, notary, laminating, passport photos and related products/services. Services are provided to the business and residential communities of Southlake, Keller, Westlake, North Richland Hills, Colleyville and Trophy Club. The business has operated continuously from its current location since startup (almost 10 years ago). The full-time owner-operator oversees the store. An experienced full-time employee store manager handles store operation, some design work, print jobs and customer service.
A new anchor (Walmart Neighborhood store) opened approximately July 2012 and road construction was recently completed. The combined effect was that the business experienced 13% growth in 2013. Many opportunities to further increase sales and profits can be pursued by a new owner. The business is located in a busy shopping center, anchored by Walmart Neighborhood Market, Hobby Lobby and multiple complementary tenants. Local Traffic Counts are 48,543 @Southlake Blvd (FM 1709) and 30,231 @Davis/Randol Mill (Source: landlord statistics). The average household income is approximately $180,000 within a 3 mile radius of the store.
The asking price for the assets of the business is $85,000 ALL-CASH or $120,000 with $60,000 down and $60,000 seller-financed to a qualified purchaser for 5 years @ 8% interest (approximate monthly payments $1,217). All seller financing to be personally guaranteed. The assets include inventory at cost of $4,500, FFE (Furniture, Fixtures and Equipment) valued at $50,000 and Accounts Receivables totaling $1,000. Purchaser will need to assume a Konica Minolta Bizhub c552 color Multifunction Copier-Printer-Booklet Maker leased for approximately $931/month thru ~August 2017.

Property Details

Years Established:

2004

Property Type:

Lease

FF&E:

$ 50,000

Inventory Value:

$ 4,500

Other Business Details

Business Location:

A new anchor (Walmart Neighborhood store) opened approximately July 2012 and road construction was recently completed.The business is located in a busy shopping center, anchored by Walmart Neighborhood Market, Hobby Lobby and multiple complementary tenants. Local Traffic Counts are 48,543 @Southlake Blvd (FM 1709) and 30,231 @Davis/Randol Mill (Source: landlord statistics). The average household income is approximately $180,000 within a 3 mile radius of the store.

Premise Details:

The business is located in a busy major shopping center anchored by Walmart Neighborhood Market, Hobby Lobby, McDonalds, Boston Market and many, many other tenants. The business occupies ~1,213 +/- SF for $2740/mo (including NNN = CAM, insurance and taxes). The seller believes that the landlord is willing to offer a long-term lease to a qualified buyer. Purchaser is responsible for any lease application or transfer fees. A purchaser may also be able to negotiate a new finish-out allowance.

Competition:

Local competitors include FedEx Kinko’s, The UPS Store, US Post Office, Eagle Postal and Mail & Copy. However, none of these offer the same range of products/services or provide the great service available at this store.

Expansion Potential:

A new anchor (Walmart Neighborhood store) opened approximately July 2012 and road construction was recently completed. The combined effect was that the business experienced 13% growth in 2013. A new, energetic owner can further increase sales & profits in many ways including: 1. Increase printing mix from current 25% of sales to 50%, 2. Hire commissioned outside salesperson, 3. Continue networking involvement in Southlake Chamber of Commerce, networking group , 4. General marketing to local businesses including banks and schools, 5. Continue Booyah Search Engine Optimization SEO through the franchisor, 6. Maintain top 3 Google search ranking by maintaining the sites. PostNet HQ hires Booyah to work on our SEO,

Business Operation Details

Employees:

3-Feb

Support & Training:

The seller genuinely desires an effective business transition. Comprehensive franchise training is 2 weeks at the corporate headquarters in Denver, Colorado, followed by 1 week in store. Seller will train buyer for 2 weeks included with the purchase price. Additional training and support can be provided by the fully trained current store manager.

Miscellaneous Details

Financing Available:

Yes
Price $85k Cash or $120k: $60k down and $60k Seller-financing to a qualified purchaser for 5 years @ 8% interest (approximate monthly payments of $1,217).

Reason For Selling:

Career opportunity.

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