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The UPS Store Great Location Absentee Owner
Very profitable The UPS Store franchise location for sale
This is a Great opportunity to purchase an established and profitable The UPS Store with growing revenue and cash flow. Great hands-off investment opportunity. A store manager with well trained and experienced team members run daily operations allowing owner to be hands off, or reduce labor costs and work a few days a week in the store. Ideal for a retiree looking for a great income with the option of working a few days a week. This is a turn key business that runs itself with minimal oversight. Revenue and profitability have both increased strongly for the past 4 years. This business is not a pandemic fluke, it is the real deal.
Listed By: Michael Mitchell
Background information
Reference:
42415891-MM
Year established:
2015
Reason selling:
Planned Exit
Finance
Sales:
$470,000
Profits:
$90,000
Profit type:
Discretionary Earnings
Operations
Employees:
3FT and 3 PT Experienced manager runs daily operations. Absentee owner.
Equipment:
Computer equipment, furniture, and fixtures are owned and one copier is leased.
Inventory:
The purchase price includes $5,000 of inventory at cost.
Premises
Facility:
The store is located in a high value shopping center with good visibility from the main road, high traffic counts with great visibility. The strip mall is fully leased with strong national brands. Computer equipment, furniture, and fixtures are owned and one copier is leased.
Square footage:
1388
Rent and lease terms:
Lease Expires end of May 2024 with one 6 year extension to May 2030
Location:
Leased shopping center with good visibility from main road
Opportunities
Growth:
Essential business in great location. The UPS Store has grown by 10% per year every year over the past 4 years. Revenue and earnings will continue to grow with the community. The local community supports the business and the staff converts them to repeat customers.
Price and terms
Price:
$275,000
Down payment:
$5,000
Financing:
Owner will consider a small amount of owner financing. SBA funding is available with great deals right now.
Training:
Qualified buyer will go through extensive corporate training and have the current owner’s support.