Steve Lovas
Southern Westchester
10034293
Services: Printing, Shipping, Signs
$110,000
2005
2
$281,625
Not Disclosed
$NA
Not Disclosed
$NA
Not Disclosed
Not Disclosed
Reason for Selling:
Family & another pre-existing business priority.
Overview of the Business:
This is a growing business which has shown significant revenue growth every year since opening and which will thrive under the focus & attention of a full-time owner-operator. Great Lease! Great location in a large, busy shopping center in one of New York State’s busiest business/consumer/residential areas. The store is territory-protected by the franchisor. The owners have been unable to devote enough time to this business due to family priorities and another older business that requires their attention. So there is huge upside potential for a focused, full-time, hands-on owner-operator. National corporate brand marketing & advertising provide unequaled support.
Property Features and Assets:
Facilities: 1,125 sq. ft. street front store in a very active & busy shopping center; terrific parking right outside.
Lease: Expires February, 2015 with an option to renew for an additional 5 years.
Market Competition and Expansion:
Growth and Expansion: The mailbox rentals have barely been sold and with almost 100% profitability on these items, renting all the mailboxes can ultimately provide almost an additional $60,000 in pure profit per year!! Additional revenue can be generated by increasing the offering of business printing & copying services, Corporate fulfillment services, Greeting Cards, Internet Access via Computer Rentals and Notary services.
Competition: The store is territory-protected by the franchisor and no competitor or independent store has the household name recognition or reputation for service equal to this store's brand.
Additional Details: