MergerPlace

Very Profitable Notary & Tag Service

Pennsylvania


  • Asking Price: $667,000
  • Gross Income: $2,002,158
  • Cash Flow: $352,629
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $40,000
  • Listing ID: #201398
  • Established: 1974
  • Employees: 22 FT/1 PT

Business Description

Although the business is considered and referred to by the state of Pennsylvania as a messenger service, it is more accurately described as a notary and tag service. Any type of notary work is potential business, however most of the work performed at the five locations of this business is auto related. In addition to auto title transfers, they perform title transfer work for snow mobiles, ATV's, Boats, etc. The computer system is integrated directly with the state of Pennsylvania. Customers experience speed, professionalism, accuracy and a caring staff which is typically not what people find in dealing directly with the state government. This is another reason for 43 years of success and continued growth. Each of the five locations has an experienced manager and there are a total of 20 full time and 1 part time employees. Turnover is minimal, in fact there are several managers/employees with 30 plus years with the company. Of course, the fact that employees are offered health care, dental, vision, prescription, vacation and a pension plan is definitely a plus in hiring and keeping quality employees. There is a very wide customer base dealing with the general public, auto dealers, as well as other notaries, messengers and tag agents. This is a phenomenal unique, established and growing business.


Business Details

Primary Business Category: Services - Business
Location: Pennsylvania

Company Information

Year Established: 1974
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 22 FT/1 PT

Financial Information

Asking Price: $667,000
Gross Revenue: $2,002,158
Cash Flow: $352,629
FF&E: $40,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

Owners are willing to lease all locations or sell the locations they own. Real Estate is not included in the listing price.

Growth & expansion opportunities:

The business is poised for continued growth. One of the major competitive advantages is being online with the state of Pennsylvania and the excellent reputation enjoyed by the company for 43 years. The most obvious form of growth and a continual request by the general public is opening additional locations which is an obvious way to grow revenue because the demand for the services remains very strong.

Competition:

Competition is very limited and this business is by far the dominant player in the tri-county area. This has been a family business in existence for 43 years. The current owners are the second generation of ownership. Although the business certainly is thriving, the owners have reached retirement age and are looking to sell the business to new owners that want to continue to grow the business and maintain the fabulous reputation they have always had. The client base or market is the general public, auto dealerships, notaries and other messenger services.

Reason for selling:

Retirement and Health.

Support & Training:

Will train for 12 weeks @ no cost. Messenger service for PA Department of Motor Vehicles; Notary Services; Temporary Tag Services; Online PA Messenger Service

Contact Business Seller

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Business Listed By:

Jack Greenawalt Jr.

Murphy Business Brokers