Independent Packing and Shipping Store For Sale
High Profits from High Revenues & Margins
Suffolk County, Massachusetts
Listing Number: 1594
Asking Price: $1,395,000
Gross Revenues: $1,025,000
Cash Flow: $500,000
Very few packing and shipping stores generate an owner income of $500,000 with revenues over $1,000,000. This business does. In addition, it has generated growth in revenues of 6% and 11% in the past 2 years. The owner started the business almost 20 years ago and has grown it into a great business. This is an independent store, not a franchise operation, located in the Boston area.
The Internet has been a boon for this business in a couple of ways. First, it has allowed buyers to buy products farther away from where they live, boosting the need for these items to be shipped. Secondly, the Internet allows this business to market its services to a worldwide audience at a minimal cost. Many customers find this business on the Internet.
This business has developed a high-margin niche which generates a good amount of revenues. They are a recommended shipper for some businesses in this niche which requires shipping all over the United States and overseas. Many of the customers for this shipping are repeat customers.
This business has an expertise in shipping Internationally. They ship Internationally for businesses and individuals. For businesses, this service may include returning the shipments to the United States. This business is experienced in providing this service and many well-known firms rely on their service.
This business generates much higher revenues and owner’s income than the top franchised pack and ship stores. The top 10% of UPS stores average $850,000 in revenue vs. this store with over $1,000,000 in revenue. Helping to increase the owner’s income is the fact that it does not pay any franchise fees.
Growth & Expansion:
The revenues could be expanded by growth in the niche market, increasing Internet marketing, or opening another location.
Financing: A qualified buyer should be able to obtain SBA financing with 10-20% down.
Support & Training: The seller will be provide training and support to ensure a smooth transition
Reason Selling: Owner wants to pursue other business projects.