MergerPlace

Notary and PennDOT Authorized Messenger

Pennsylvania


  • Asking Price: $299,900
  • Gross Income: $3,874,599
  • Cash Flow: $150,452
  • Real Estate: Not Disclosed
  • Inventory: $2,250
  • FF&E: $10,000
  • Listing ID: #216666
  • Established: 2010
  • Employees:

Business Description

The business currently operates as a Full Agent Notary/Tag and Messenger Service and is also an Authorized PennDOT On-Line Messenger Service which means the computer system is directly connected to PennDOT’s system. They service Tioga, Bradford, Potter and Lycoming counties and transactions come from out of state as well. Currently the owner leases 900 square feet in a stand-alone building located in a fantastic downtown Mansfield location that has its own parking lot. The business has a captive market in and around the Mansfield area. In addition to the people of Mansfield, there is a large percentage of the population that lives in rural surrounding areas that rely on the services provided by the business.


Business Details

Primary Business Category: Services - Other Services
Location: Pennsylvania

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $299,900
Gross Revenue: $3,874,599
Cash Flow: $150,452
FF&E: $10,000
Inventory: $2,250
Seller Financing Available: No

Property Information

Facilities:

The business is operated out of a stand-alone office building and the entire 900 square feet of space is leased for a fantastic rate of $600 per month. Currently the lease is set up on an open month to month arrangement, but a new owner could possibly negotiate new lease terms if desired. The building is also handicapped accessible. Also, the current owner speaks highly of the landlord and has not had any issues not attended to in a timely manner.

Growth & expansion opportunities:

The breadth of potential customers is extremely inclusive because anyone or any business involved with the following is a potential customer: ATV’s; Snowmobiles; Boats; Watercraft; Motorcycles; Passenger Vehicles; Tractor Trailers; All other Vehicles; Special Mobile Equipment; Heavy Equipment; Reconstructed Vehicles; General Notary Work; Green Screen instant registrations; Registration Transfers; Driver’s Licensing Renewals; Suspensions; Reissues; Telegram of Authority; Etc.

Competition:

There is very little competition in the entire area.

Reason for selling:

Owner is relocating.

Support & Training:

Will train for 4 weeks @ no cost. The business offers a long list of services including: licensing, titling, tags, vehicle registrations, apportioned services and other notary services.

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Business Listed By:

Jack R. Greenawalt Jr.

Murphy Business Brokers