Shipping, Packing, Fine Art Crating & Mailbox Rental Services

Rare, Fully Authorized for UPS, Fed-EX, & USPS Shipping Services & Freight

HPBS

Specifications

 Price:
$340,000
Revenue:
$354,054 (3 Year Avg.)
Cash Flow:
$93,051 (3 Year Avg.)
Location:
Monterey Peninsula
Service Area:
Coastal Monterey County
 Profit Margin:
26%
 Employees:
1 Full Time Store Manager
1 Part Time Owner
Reason for Sale:
The Sellers
are Retiring
Goodwill:
20 Yr. Reputation,
Great Reviews
Year Established:  2001
Services:  Custom Packing for high-value items, Mailbox Rental, , Shipping, Supplies, ETC.
Equipment:  $44,600 Value
Inventory:  $13,000 Value
Clients:  Individuals, Collectors, Art Galleries, Specialty Shops
Lease:  1400 sq. ft. Shop, Lease Assumable, Monthly Lease $3,200
Personnel:  1 Full time manager (14 years), and 1 owner part time

Value Proposition

  • 20 Years of Established Reputation.
  • Stellar customer reviews
  • Loyal repeat clientele
  • Priced Below Market for Quick Sale – Retirement
  • Substantial Growth Potential
  • Upscale Unique Retail District
  • Pandemic Resistant
Profit Margin Chart

Revenue Breakdown

sunbeltbayarea
sunbeltbayarea

Financial Highlights

  • 340,000 Price Includes $57,600 FF&E
  • $346,663 Gross Sales (3 Year Average)
  • $99,812 SDE 3 Year Average
  • $363,254 2019 Gross Sales
  • 27% Gross Margin (3 Year Average)
sunbeltbayarea

Cashflow Analysis

Financial Statement Table

Furniture, Fixtures & Equipment

2 POS stations, each with computer, shipping & office software, UPS, USPS, and FedEx label printer, thermal receipt printer, credit card machine w/thermal printer, laser barcode scanner, and report printer.  Mailbox rental area includes 4 front load mailbox units w/cabinets.  Retail area includes 24’ of slat wall, 8’ of shelving, 7 custom sales desks, key machine & blanks.  The office items include 1 computer w/office software, printer/scanner/fax, 3 four drawer suspension file cabinets, and a 10X9 cubicle with desk & cabinets.  The copy center includes a leased Sharp copier MX-M465 and computer for on-site rental.  The packing center includes 12 linear ft. of custom shelving units for boxes, 12 linear ft. of wire shelving units for packing support and 2 custom packing tables.  The work-shop includes 1 custom shop table with corrugated pad shelving, 2 loose fill ceiling dispensers, 2 heavy duty 4’ shelving units, shelving unit for scrap plywood, table saw, chop saw, misc. tools & chest, hand truck and dollies.  Signage includes one city approved outdoor sign.

Asking Price

The asking price is determined using a cash flow methodology. Cash flow is the sum of net income from the business plus any non-cash expenses, non-recurring items and any seller’s personal expenses. A multi-factor multiplier is applied to the cash flow based on the condition of the business. For this business, a three-year average cash flow is applied making the business price more favorable to the buyer. The multiplier applied in this case is, 3.65 X below the market in favor of the buyer.

sunbeltbay

Funding Example

Purchase Price: $340,000

20% Buyer Down Payment

$68,000

Buyer’s Equity

80% Bank Loan

$272,000

10-Yearterm at a rate of 5.50% = Monthly loan payment of $3,386

  • Cash Flow (3 YR. Average): $92,494
  • Annual Payment to Bank: $40,6320
  • Net Profit (After Expenses and loan payment): $52,419
sunbeltbay
sunbeltbay

* Please note that the decision of whether to extend a loan on any sale belongs to the bank, and this document does not guarantee specific terms or verify that financing is available.