19013-CEDAR CREEK LAKE UPS STORE -SELLER-FINANCED
Seller:
Attn:
Jeff Adam, PE, MCBC, FRC, CBB
Location:
Gun Barrel City, Henderson County, TX, USA
Listing Number:
"19013 UPS Store Cedar Creek Lake"
Overview of the Business:
Company is a well-established print & copy, pack & ship and digital services UPS Store® franchise center offering full-service post office box rental, graphic design, printing, copying, internet access, shipping, UPS, USPS, professional packing, fax, notary, laminating and related products/services. The owner opened this franchise business in October 2003 in the beautiful Cedar Creek Lake resort area of Texas. Gun Barrel City is considered the gateway to Cedar Creek Lake. In addition to the high amount of tourism that the community witnesses (particularly during the summer boating season), Gun Barrel City has experienced a residential building boom over the past several years. This growth has largely been led by the relocation of wealthy retirees & home-based businesses from throughout the Dallas Fort Worth region, building large lake homes in order to take advantage of Gun Barrel City's lake access. The lake itself is the fourth largest in Texas with 220+ miles of shoreline, making it one of the most popular lakes for boating and fishing. UPS Store 4503 provides convenient services and products to help small businesses grow and consumers prosper. Customers receive courteous and friendly service designed to save time at a one-stop location. The business is recession-resistant and has continued to grow in the current economic environment. Customers include a high proportion who prefer to go to the “Official“ UPS store versus deal with UPS drop locations or “wannabes”. The business attracts customers from a 25+ mile radius. Customers drive to this store for superior service and convenience.
Price $125k price: $62.5k down, $62.5k note 5 yrs @ 8% $1267/month or $105k ALL-CASH
Property Features and Assets:
The business occupies ~1200+/- SF for~ $1825/mo ($1550 base rent + NNN) in a fully-leased, busy strip center across from the Super Wal-Mart. The security deposit is $1,825. The lease expires approximately November 2009 plus two 5-year options with rental increases to $16.75/ft ($1675 base rent) and $17.50 in each option period. Purchaser to pay lease transfer fee (estimated ~$500). The business has 200 rental Mail Boxes (120 small, 64 medium and 16 large). Approximately 120 of the boxes are rented.
Market Competition and Expansion:
A new, energetic owner can further increase sales & profits in many ways: 1. Implement UPS Store franchise marketing program 2. promote copy, document, print & air freight services due to higher margins 3. target market to local retail & service businesses including banks, schools, churches, real estate offices, legal, boat/rv sales/service and not for profit 4. personal, hands-on owner-operation of the business 5. increase # of post office box rental units 6. promote wide format print options including banners.
Additional Details:
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