Recession Resistant Northern California Mail Center Franchise - SC2186

Financial Information
Asking Price: $200,000
Cash Flow: $108,000
Gross Revenue: $225,000
Down Payment: $200,000

This Northern California based Mail Center Franchise is a California C Corporation that has been in existence for 35 years and under current ownership for the last 7 years. They are very well established in Northern California and have a great reputation for providing mail center services. The provide full turnkey service, including Packing Materials and Supplies, Packing Services, Shipping with DHL, UPS, USPS, ABF, OnTrac and FedEx, Notary, Passport Photos, Copying, Faxing, Live Scan, Mailboxes, Office Supplies, Laminating, Binding, etc. They can provide local, national and international shipping services. They currently have almost 200 physical mailboxes at 75% occupancy and almost 250 virtual mailboxes through 2 different services. They also provide custom crating and packaging, along with freight and specialty shipping.

Business Location
City: Confidential
State: California

Reason for Sale
The reason for selling is the Seller would like to retire.

Detailed information
Year Established: 1989
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 40
Adjusted EBITDA: $85,000
Inventory Included: Yes
Inventory Value: $15,000
Monthly Rent: $2,257
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1300
FF&E Included?: Yes
FF&E Value: $10,000

Training/Support
The Seller is willing to train the new Owner for up to 2 weeks at 30 hours for week. Additional training from the Seller may be available at mutually agreed upon terms between the Buyer and the Seller.

Facilities
This Mail Center operates out of 1 main location of 1,300 square feet. There are 3 1/2 years left on the current lease and it is assignable. Current base rent is $2,257 per month with Common Area Maintenance (CAM) charges of $826 per month. The are located in a prominent shopping center.

Market Outlook/Competition
In 2021, the Private Mail Center Industry sales were $3.7 Billion. Over the past years, the industry has grown at an annual rate of 6.4%. There are over 5,000 companies in the industry. With the ability to ship any way you like, and the versatility to purchase office supplies, have customized shipping, and deal with the large surging amount of Amazon returns, it is no wonder these types of franchise businesses are in high demand.


CA 02282967
NV B.1003039.LLC
NV BUSB.0007191