Price: $175,000
Location: Passaic County, New Jersey
Industry: Services
Listing ID: SVS520
National Franchise Copy Print Center which offers copying, printing, mailbox, resume services, digital printing, postage stamps, CD / DVD burning, office services, packing & shipping, computer time, internet access, resumes, laser copies and more. The business can be further improved and developed with continued good service and a general marketing plan. The business is located in an active high traffic shopping mall with many walk-in customers and continued demand for this service. The business has one employee and is opened five days weekly. The seller has the opportunity to relocate out of state and will train and include a full transitional period to the new operator. Eighty percent of the gross sales represents printing which is completed off premise by an independent company and the franchise fee is 7%. The business has during the past years generated consistent gross sales and will continue to expand and develop with onsite management. The franchise has an excellent reputation and will supply a full transitional period. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 35% investment return to the owner operator prior to debt service.
Listing Details
Revenue: $214,414
Cash Flow: $70,884
FFE: $64,998 (Included in Price)
Inventory: $1,001 (Included in Price)
Form of Ownership:
LLC
Reason For Sale:
The seller has elected to retire at this particular time.
Training & Support:
The seller will remain post-closing, and the franchise requires a specific training period before closing.
Operation
Year Established: 1990
Days & Hours of Operation: The business is active five days weekly with hours of 9:00 am to 6:00 pm.
Owner Hours Per Week: Full Time
Employees: The business has two part time employees who are unaware of the pending sale and fully expected to remain post closing, monthly payroll is approximately $2,900.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 2,600
Type of Location: Active commercial Mall
Square Footage: 1,500
Relocatable?: Yes
Facilities Information:
The business is located on a highly active county road in a mid-size mall in an urban area with many commercial businesses in need of this service. The location is near major commercial businesses, colleges and other centers that need the service provided. The facility consists of a fifteen hundred (1,500) square feet plus basement at a retail center on a commercial avenue with private mall parking. The facility is clean, modern with a professional image.
Summary
Owner Qualifications:
owner financing has been approved to a qualified buyer with an appropriate down payment. Franchise transfer fee is required.
Competition:
This is an exclusive franchise, and no similar businesses are in this general area, additionally seller will supply a non compete agreement at closing.
Potential Growth:
The business presently has a limited marketing plan, and if improved can further develop the business income.
Financing/Terms:
SBA and owner financing is available to a qualified buyer. The 2023 projected gross income is projected to be greater from the previous year.
