Sold - Popular Packaging And Shipping Franchise

Business Overview:

This popular packaging and shipping franchise have been voted in the Top 5 by Entrepreneur Magazine for the past five years in a row! This business has been operating as a packaging and shipping business for the past 15 years before becoming a branded franchise the last 8 years. Established in its community and well known among the residents and businesses in the surrounding area. The brand behind the business gives the Owner ongoing support, name recognition, branding reputation, established systems and processes, and existing market penetration and service recognition.

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Property Features and Assets:

This business is considered 100% retail with approximately 45% of sales coming from their package shipping service. The other services consist of printing, copying, retail shipping supplies, retail office supplies, moving supplies, mailbox rental, notary public services, and freight shipping. One of their primary business service discriminators is their proprietary service guarantee. The company’s products and services are catered towards home based businesses, “Mom & Pop” stores, small business owners, contractors, real estate agents, attorneys, auctioneers, fitness studios, restaurants, banquet halls, new business start-ups, and independent sales representatives. The typical customer who uses this company’s products and services are described as general consumers, small business owners, and independent sales representatives. More than 30% of their mailbox customers have been with the store for more than 8 years and their major account customers have been with the company for 5-8 years. This store location serves approximately 250-300 customers per month with an estimated 80% residential customers and 20% commercial customers. There is no single customer who makes up more than 10% of the store’s revenues. Recent company and franchisor updates have included website updates and hosting services and interior signage. The franchisor offers a Performance Based Compensation Program for stores with a 97% or higher compliance rating.

Market Competition and Expansion:

This business has been operating steadily for the past 8 years under this franchise brand and was providing similar services at the same location for many years prior. This is an excellent location with lots of additional opportunity to reach more clients through online marketing and social media, which is currently not being done. The business takes advantage of ongoing support from the franchise, name recognition, local and national tv ads, brand reputation, established systems & processes, existing market penetration, and strategic positioning with other large industry service providers.

Reason for Selling:

Health Concerns

Additional Details:

Documents:

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