$93,808 Net Profit! Established since 1993 and under same owner for 27 years! Retirement forces sale! $93,000 average net profit for the last 3 years! 2019 Gross sales revenue was $214,247! Very good books and records! Bank financing possible with 30% down payment, good credit and experience.
This 1000 sq. ft. store has 490 mailboxes with 85 to 90% occupancy generating an annual revenue of about $87,000 which more than covers the rent and all overheads of the business which are currently at about $63,000. Notary services brings in an additional $22,000 annually! Sales of boxes, stationery, packing and shipping (UPS, Fedex), etc. brings in about $100,000 plus annually. Buyer can introduce finger printing, color copying, utility bill collections, etc. to increase revenues. Excellent business for a working owner! Situated in a major grocery anchored strip mall in the San Fernando Valley! Upper middle class and richer customer base. Landlord will give a new lease for 4 years with an option for 3 years. Thereafter options are negotiable. Two computers and copy print machine, camera, closed circuit security system, etc. are included in the sale.
Inventory at approx. about $5,000 is not included in the sale price. Seller will help the buyer in the transition of all contracts with UPS, Fedex, USPS, etc. and provide two weeks of training.
For more information, please visit www.sunshinebizbrokers.com and print and email the NDA to Mike Jasani or call him at (818)975-8383 or 818-723-5150 (cell)