TCU Secretarial Placement, Pack/Ship Store
Location: Texas > Tarrant County > Fort Worth - TCU
Industry: Business Services > Other Business Services
Financials
Asking Price: $75,000
Gross Revenue: $192,609
Cash Flow: $37,783
Inventory: $10,000 (Included in Asking Price)
FF&E: $30,000 (Included in Asking Price)
Seller Financing: ALL CASH PRICE $75,000 cash at closing. Seller will finance a qualified buyer at a price $100,000: $50,000 down and balance financed for 5 yrs @ 9% interest ($1038/mo). All financing is to be personally guaranteed.
Business Summary
Profitable Pack-Ship + secretarial outplacement located at TCU Campus in Fort Worth. The business has established for 22 years. Business provides 1) on-site secretarial, typing and data entry services, 2) mailbox rental, packaging and shipping services and 3) off-site long-term contracts for secretarial placement services. The business is situated in a highly desirable neighborhood. The Owner has a sustained advertising program, principally involving online yellow pages, the telephone book, and the college newspaper. The business is primarily repeat, referral clientele. A new, energetic owner can further increase sales & profits in many ways including: 1) personal, hands-on owner-operation of the business, 2) increase # of post office box rentals – direct mail with lower introductory price, 3) personally contacting local retail & service businesses including banks, 4) directly mailing local home-based businesses, 5) advertising via yellow pages, door hangers, Val-Pak, or other similar products, 6) reduce cost of goods sold to 50% by focusing on sales mix and controlling inventory. The seller must sell the business for health reasons. ALL CASH PRICE $75,000 cash at closing. Seller will finance a qualified buyer at a price $100,000: $50,000 down and balance financed for 5 yrs @ 9% interest ($1038/mo). All financing is to be personally guaranteed.
About the Business
Year Established: 1986
Employees: 2 full time - 2 part time
Facilities: The store occupies 1300 square feet of prime retail space at a monthly cost of $1300. There are ~ 3.5 years left on the current lease and the Landlord is expected to offer a long term lease to a qualified buyer. Business is located in a 70 year old strip shopping center facing Texas Christian University which is anchored by the just completed, largest Barnes & Noble bookstore in Tarrant County and short drive to Fort Worth’s cultural district and tourist Mecca.
About the Sale
Management Training and Support: Seller will train a buyer for 2 weeks or a mutually agreed extended period. Afterwards, they are willing to provide ongoing consulting with mutually agreeable terms and conditions.
Reason For Selling: The seller must sell the business for health reasons.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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