MergerPlace

Diversified U-Haul, Shipping + Packaging

New Jersey


  • Asking Price: $179,000
  • Gross Income: $267,000
  • Cash Flow: $86,007
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $36,000
  • Listing ID: #206737
  • Established: 1989
  • Employees: 1FT

Business Description

Well-known shipping, packaging & U-Haul store in a high-traffic, large strip mall off a busy thoroughfare. Run by a husband/wife team - looking to retire. Built a loyal customer base over 30 years & developed a great working relationship with many area residents. Only store within 10+ miles authorized by UPS, FedEx, DHL, USPS & Greyhound - offer discounted rates from these carriers. OTHER SERVICES: Digital Mailboxes, Mobile Notary, Textbook Buybacks, etc. FURNITURE, FIXTURES, & EQUIPMENT valued @ $36,000 are included. New qualified tenant should get a better lease situation. Contact Seth Kain @ 201-317-4710 for additional details & showing. Must be kept very confidential.


Business Details

Primary Business Category: Services - Other Services
Location: New Jersey

Company Information

Year Established: 1989
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1FT

Financial Information

Asking Price: $179,000
Gross Revenue: $267,000
Cash Flow: $86,007
FF&E: $36,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

1,200 square feet without a basement. All Furniture, Fixtures, + Equipment are in good condition. Some are considerably older than others are. There’s plenty of free strip mall parking in front of store. The land lord is a very large commercial real estate agency + is willing to offer either a lease re-assignment or possibly negotiate a new lease to a new qualified tenant.

Growth & expansion opportunities:

A new owner should begin to do Hazmat packaging to increase their customer base + gross sales. It would also be advantageous foran owner to apply for an ATF license to sell guns. Of course, this is a personal decision due to the controversy in the U.S. Expanding into the cellphone repair business servicing Verizon, AT&T, Sprint, + T-Mobile phones would be a major plus too.

Competition:

It’s the only store within a 10+ mile radius authorized by UPS. FedEx, PHL, USPS + Greyhound. There’s a large chain store within the plaza who competes against this business in shipping supplies, printing, copying + faxing.

Reason for selling:

The owners are planning to retire once their business is sold.

Support & Training:

The owners are offering (2) weeks training at no cost to the new buyer(s).

Contact Business Seller

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Business Listed By:

Seth Kain

Executive Business Brokers