Thriving Mail & Shipping Store in Austin with Great Growth Potential
Asking Price: | $210,000 |
Gross Revenue: | $272,390 |
FF&E: | $50,000 |
Cash Flow: | $95,000 |
Inventory: | $6,000 |
Established Year: | 2004 |
Take ownership of a well-established, highly reputable and profitable mail and shipping store located in the heart of Austin, TX. Situated in a prime, high-traffic area, this store has been a trusted local staple for over 20 years, serving a large and loyal customer base. Its proven business model and consistent foot traffic make it a standout opportunity in the market.
The owners have done a fantastic job of managing the profitability of the store. The store generated just under $95K in cash flow (TTM ending 9/30/24) on revenue exceeding $272K, boasting an impressive cash-to-revenue conversion rate of 34.9%. This high cash generation of almost 35 cents for every revenue dollar, underscores the store’s operational excellence, efficiency, and a robust return on investment.
The store has a large database of repeat and loyal customers, which helps to ensure consistent and steady revenue going forward. However, the store has yet to tap into any marketing, advertising, or promotional initiatives – they’re currently doing none. A marketing and social media initiative alone offers a significant growth potential for this store.
The store has built an excellent reputation over the years, earning highly rated reviews from satisfied customers. This strong reputation not only reinforces customer loyalty, but also attracts new business, making it a trusted and well-regarded establishment in the community.
Core Services Offered:
• Mailbox services with 180 active contracts out of 250 mailboxes
• Trackable shipping options via FedEx, UPS, DHL, and USPS
• Comprehensive packing, freight, and crating services for items of any size or value
• Shipping insurance services
• Full-service black-and-white and color copying, scanning, and emailing
• Personal and business services (notary, key duplication, and fax)
• A variety of office, mailing, and moving supplies
There is significant growth potential for this store through the promotion of existing services and the introduction of new offerings to its well-established customer base. Services such as virtual mailboxes, print, and direct mail services could drive additional revenue. Notably, virtual mailboxes are highly profitable and in high demand, yet this store does not offer them.
This business is an ideal investment for driven entrepreneurs looking for a fulfilling and financially rewarding venture in a well-established market.
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