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Retail Card And Gift Shop And Postal Unit For Sale

Southwest Coast of Florida, Florida
Asking Price:
$325,000 (USD) Inventory / Stock included
Sales Revenue:
$1,330,000 (USD)
Cash Flow:
$110,000 (USD)

TWO BUSINESSES UNDER ONE ROOF. A Retail Card & Gift Shop and a Contract Postal Unit (CPU). If you ever wanted to be your own boss, this is the perfect chance to buy a turnkey operation that has been in the same location for 19 years and has been operated by the same owners for the past 14 years. This business is in a growth mode and generates healthy cash flow with taxable income being up over 200% for the year ended 2016. Revenue of $62,000 was up by $23,000+ for the first six months of 2017, over the first six months of 2016. Based on the current cash flow of $100,405, the return on investment is roughly 3 years. This business has been SBA approved. A new buyer would have to be approved under the SBA guidelines. The shop occupies 1,500 sq. ft. of space and is located in a very busy retail Shopping Plaza, on one of the busiest thoroughfares in the area. The Contract Postal Unit provides all services that a typical post office provides, setting it apart from Pack & Ship and other Postal Service Operations. Customers stopping in the shop to conduct their postal business, browse the shop and purchase gifts while there. Growth has been accomplished with very little marketing. The two busiest times of the year are Halloween and Christmas. Lines are out the door and down the sidewalk during the Christmas season.

There is tremendous upside potential for a new owner that is tech savvy and knows how to market through the internet. Development of a strong marketing campaign, targeting the Millennials, who far out number the Baby Boomers now, could increase revenue and profitabilitysubstantially. Designing a new website would be a must.

The big pluses of this business is, repeat customers, growing revenues, easy to operate and plenty of parking in a high traffic shopping center. Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Lease

Lease Terms:

$2,503 per month, 5 years remaining on the lease with options for renewal.

Location:

Located in a very busy Retail Shopping Plaza on one of the busiest thoroughfares in the area.

Premises Details:

Fully housed in roughly 1,500 Square Feet of space. The building is owned by a third-party unrelated to the owner of the Company. The business currently has a long term lease in place, with 5 years remaining on the term. There is an automatic renewal option which continues until either the landlord or the tenant terminates the lease.

Business Operation

Expansion Potential:

There is tremendous upside potential for a new owner who is Tech Savvy. They could take this business to a whole new level. The current owners have grown the business without a good website and with little or no marketing effort. The population in florida is exploding and a new owner with a strong marketing campaign could capitalize on this growth.

Competition / Market:

This business has no specific competition due to the unique nature of having a retail postal facility located inside of their retail establishment coupled with the fact that there are no other Contract Postal Units within a 15 mile radius. Contract Postal Units (CPU's) are only given out by the Government when the need exists, and it requires the necessary paperwork and input from those suppliers that are ultimately awarded a CPU.

Reasons for selling:

Owner wishes to retire, manage investment property that they own and travel.

Trading hours:

Regular Hours
Mon - Fri
9:00 am - 5:00 pm
Sat
9:00 am - 1:00 pm
Sun
Closed

Employees:
2 (husband and wife, owners)
Years established:
2002

Other Information

Support & training:

Owners will stay on for two weeks to assist with the transition with no pay and may stay on longer subject to a negotiated compensation arrangement.

Furniture / Fixtures value:
$20,000 (USD)
Inventory / Stock value:
$40,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Broker

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