Business Summary
Asking Price: $325,000
Gross Income: $350,000
Cash Flow: $90,000
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Real Estate: N/A
Established: 2006
Employees: 2
Business Description
UPS Franchise-Absentee Owner- open 7 days- high potential for increase revenue with owner operator-has major cash flow from Mailboxes 70 sold of 400 inventory no overhead-notary services-DHL freight delivery high profit margin-50/50 split on UPS services sold in store-80% profit margin on supplies for boxing etc.-local drop off & pick up service growth potential excellent- owner indicates potential to increase business by new owner significant-will train and verify all new potential sources of business-
Historical Summary: owner has been absentee for last two years-sees potential for growth with owner operator-UPS not issuing new Franchises in lower Manhattan-growth
UPS will not grant any new UPS stores in Manhattan-this is the most southern store in NYC
Financing / Terms:
All cash-will not show details of business unless buyer has proof of funds
Detailed Information
Competition: little competition in area because of data base of customers and Franchise recognition.
Growth & Expansion: Owner indicates significant growth potential because high profit margin lines of business are not currently being exploited-especially printing & mailboxes-has a 300 square foot finished basement that may accommodate new printing center which will generate considerable income growth.
Support & Training: 3 Weeks
Reason for Selling: Other Business Interests.
Property Details