UPS Store in Greater New Orleans Area
Location: Louisiana > New Orleans/Metairie
Industry: Business Services > Other Business Services
Financials
Asking Price: $305,000
Gross Revenue: $481,376
Cash Flow: $118,692
Inventory: $5,000 (Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Business Summary
The Company is a franchise of the oldest and largest shipping company in the world. This business began at its present location in 2003; it has steadily been profitable since that time.The business is driven by brand recognition and supported by national advertising. The store provides package and shipping via UPS. It also offers color copying, black and white copying, fax services, passport photographs, and private mailbox rental and many other unique services.
About the Business
Year Established: 2003
Employees: 1 full time - 2 part time
Franchise: Yes
Facilities: The building, as well as the furniture, fixtures, and equipment, are in excellent condition.
Market Outlook and Competition: UPS is the industry leader. While FedEx and DHL also achieve success with shipping, they have not established a strong retail base, as UPS has. The UPS Store has 3 main competitors in the area including a Fedex/Kinko's. While they also carry a brand name and are more experienced at document services, they lack the expertise in packing and shipping. They also do not provide the same level of customer service. The other two competitors are independent shipping stores that are much smaller and higher priced, and therefore less appealing to consumers.
About the Sale
Management Training and Support: Two weeks of franchise training take place in San Diego, CA. An additional two weeks of training in Houston, TX is required.
Reason For Selling: The owners would like to pursue other business interests.
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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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