See Similar Listings

Profitable Mailbox, Shipping & Gift Shop in San Diego

San Diego, CA
864 Grand Ave in Pacific Beach

Seller Financing Available

864 Grand Ave in Pacific Beach
Asking Price:$140,000
Gross Revenue:$158,000
Rent:$3,972/Month
Established Year:2005
Cash Flow:$65,000
Inventory:$1,200
FF&E:$7,500
Listing ID: 2288133Listing provided by BizBuySell
BUSINESS DESCRIPTION

Location! Location! Location!

This is a fantastic opportunity for an existing business owner or new entrepreneur to purchase an established business in an amazing location and expand its products and services for more profitability.

Beach Mailbox and Gifts has been offering package shipping and private mailbox service in the same location for more than 20 years. With 350+ loyal private mailboxes customers, the mailbox service provides the base income to covers the base rent. Additional income streams include shipping and receiving through all 4 major carriers—USPS, FedEx, UPS, and DHL—plus FieldPrint fingerprinting, copy and print services, and selling shipping supplies and beach-themed gifts. Notary services and passport photos and processing are another offering that has been highly profitable in the past.

Located only 1 ½ blocks from the beach on Grand Ave--a major thoroughfare--this retail location gets lots of exposure to both locals and tourists. Annual revenues are approximately $160,000, with owner earnings of $65,000 (Note that this cash flow is before taxes, and assumes owner-operated without payroll expense.)

Combining the shipping/mailbox service with other services such as cell phone repair, beach rentals, or by expanding the gift or product offerings, the right owner(s) could bring their marketing and advertising expertise and easily increase revenues and earnings significantly.

If you have an existing PB business but can’t afford a premium retail location, or, if you’re a local with a bit of capital and lots of creativity to promote products and services tailored to the unique PB market while enjoying regular cash flow through existing services, this is an outstanding opportunity for you.

All necessary equipment and computers are included. The current owner will provide up to 3 weeks of training to new owners. This is an ideal business for a couple, family, or partnership, as it does require full-time staffing Monday through Friday and a half day on Saturday.

Contact us for more information.

ATTACHED DOCUMENTS
Beach Mailbox and Gifts P&L Dec 2023 - Nov 2024.pdf.pdf Download
DETAILED INFORMATION
Location
San Diego, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
800
Lease Expiration
01/08/2025
Employees
1.5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is located in a 3-business commercial space, adjacent to a hair salon and laundromat. The building shares 4 dedicated parking spaces in front and 6 in the back. The neighboring business is another option for customers for quick in-and-out parking. The current lease is valid until the end of July 2025. The landlord is fine with a new owner assuming and renewing the lease, pending approval. All furnishings and equipment are included in the sale.
Competition
Beach Mailbox is one of only 2 private mailbox and shipping locations in Pacific Beach. The only other competition within 5 miles are the UPS Store, FedEx Office, and the post office. Customers prefer the convenient location and personal service provided by Beach Mailbox, as evidenced by the store being voted #1 Best Shipping Service in PB every year since 2015.
Growth & Expansion
With the outstanding beach location for both locals and tourists, many opportunities abound to offer beach-related services, including beach gear sales and rentals, unique gifts, or business services. Other ideas include building out a small office or meeting space to rent hourly, or running your Amazon-based business out of this this location.
Financing
Cash offers preferred. Minor financing considered.
Support & Training
The standard software, PostalMate, is used for shipping and private mailbox management. Additional systems include Anytime Mailbox and iPostal1 virtual mailbox services, and FieldPrint fingerprinting software. There is extensive online training available, plus the owner is highly proficient in these systems and will provide up to 3 weeks training.
Reason for Selling
Career change to spend more time with family.
BUSINESS LOCATION
Report an Issue with this listing
Rita Warren
Phone Number
Rita Warren
Call Phone