MergerPlace

Independent Pack and Ship Business

Florida (Palm Beach)


  • Asking Price: $140,000
  • Gross Income: $214,098
  • Cash Flow: $57,436
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $33,000
  • Listing ID: #214433
  • Established: 2008
  • Employees: 1 FT / 1 PT

Business Description

Full service mailing, packing and shipping center in Lantana, Florida. Reputable business with consistent and steady cash flow. Perfect for owner/operator. Pick-up, warehousing storage, inventory management, order fulfillment, product kit assembly and packing, along with services such as faxing, private mail-box, printing, copying and finishing. One full time employee knows all phases of business. Additional revenues being added from antique and auction shops in the area. 2019 revenues through April are 14% higher than previous year. Owner lives abroad, fully absentee. Financials assumes owner/operator.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Palm Beach

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 1 PT

Financial Information

Asking Price: $140,000
Gross Revenue: $214,098
Cash Flow: $57,436
FF&E: $33,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

Publix Plaza with good parking, close to I-95. Size: 1,000 sq ft. Rent is $3,727. Lease expires 1/30/2024.

Growth & expansion opportunities:

The current owner has been concentrating in auction houses and antique stores. There are many in the area and there is a big opportunity in this market. Continuing to put effort in this sectors is a great opportunity to grow. The current owner recently created a new web page, there is work to be done around the web page that can generate additional revenues to the store.

Competition:

In the area other Pack and Ship stores, most of them are franchises (Fedex, UPS). The advantage of this store is that as it is independent they can offer all the services (including USPS, UPS and Fedex) and the customer can select the most appropriate service according to needs and price. In additional the store can offer any type of additional product and service without the need of a franchise approval.

Reason for selling:

Owner purchased the business for a Visa and had to go back to his country.

Support & Training:

Will train for 2 weeks @ General management skills required. No special license.

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Business Listed By:

Andy Fischer

Murphy Business Brokers