| Looking to buy a retail business in Seattle where new customers are coming in everyday?
Growing community. Growing business. Equals great opportunity.
Owners retiring. 34 Years Established Shipping, Packaging, Mail Box & Business Center, 42,850 cars a day. Heart of NE Seattle this versatile retail storefront has been providing professional to loyal businesses and community neighbors since 1982.
Purchase Price – $150,000 affordable entry, comes with world-class website, $100,000 inventory, onsite training and much more.
Snap Shot – 2,000 sf of ground-level color space – Approximate $2850,000 gross sales with $50,000 in profit/salaries. These numbers are growing and have plenty of room to run much higher. Sellers are experiencing growth every month this year. The monthly rent is $4,200 @ month with 4 yrs remaining on current lease, plus 5 yr extension option available.
Privately owned long- term biz model with a canvas of opportunities to profit with loyal & growing customer base.
Purchase a proven business model, rich with goodwill from the community which it serves. Located in the heart of NE Seattle, WA this versatile retail storefront has been providing professional shipping, packaging and mailbox services to a loyal community since 1982.
The local area is vibrant with expanding mid-rise, mixed-use development. In short, this is an epic opportunity to inject you’re a game to generate even more revenue streams from an ever growing customer base.
Further Detailed Information:
There is a fedex kinkos store a street away in the middle of a newer retail development. However, the nearest mailbox location is 3.1 miles away 12-15 minute by car depending on traffic. The nearest US Post Office is 800 plus feet away.
This mail store is akin to a UPS store but much better. It is NOT a franchise and thus does not pay royalties and advertisement which UPS stores do and total 12% of the gross revenue. This East side community has tremendous demographics with one of the highest household incomes in the state. It does not have a post office within 15 minutes and thus it is used as the primary location to ship. They offer UPS, FedEX and US Postal services.
Competition: This mail store is akin to a UPS store but much better. It is NOT a franchise and thus does not pay royalties and advertisement which UPS stores do and total 12% of the gross revenue. This East side community has tremendous demographics with one of the highest household incomes in the state. It does not have a post office within 15 minutes and thus it is used as the primary location to ship. They offer UPS, FedEX and US Postal services. In addition they have self service copiers, nearly 300 private mailboxes which are 100% occuppied and shredding. The revenue from these mailboxes nearly cover your rent payment each month. There is another shipping store under the same name 3 miles away but both of them have co-existed for the exact same time. In fact the original owner opened them together. Growth & Expansion: This store has been ran absentee for every year of its existence. It would greatly benefit from an owner/operator. New owner could add notary service, passport photos, expanded print, cell phone service repair but the biggest growth could come from adding office supplies. In addition they have had a waiting list for years for open mailboxes which are 100 % full. New owner could add more mailboxes. This community has no office supply stores nearby and was recently featured in 425 magazine for having the highest per capita entrepreneurs working from their home. Office supplies would be well received by this customer base. The owners have added flat screen TV’s at their other location and sold advertisements for $99 per month. The same could be done here. The current owner has also not done any marketing. Financing: Negotiable with good credit Support & Training: Current owner is willing to stay on for two weeks and longer if needed. This store also has a manager who will stay on with the new owner if desired. She knows all the ins and outs of this business and will be a huge asset.