Shipping & Printing Depot (Eastside) Excellent Demographic Area

King County, WA

Seller Financing Available

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Asking Price:$1,600,000
Gross Revenue:$1,150,000
Cash Flow:$350,000
Inventory:$30,000
BUSINESS DESCRIPTION

$250k Revenue November & December 2024

This highly valued, retail/service business has been a staple in the community for multiple decades.The very busy location not only caters to shipping packages and letters via Fed Ex, DHL, and UPS, but also does custom printing. Business cards, flyers, customer photos, postcards are a few of the printing capabilities that the business can provide. Other services include mailbox rental, notary, shredding, faxing, scanning and laminating. The business has consistently generated over $350k of adjusted cash flow over the last 3 years.

The average income for the area is approx. $215k with the median household size of just over 4. The median property value is over $1.1 million with a robust 82% of households owning their own homes. 30,000 + cars pass the location daily.

The Current lease rate is $11,473 per month with an additional Triple Net fee of $2,227. The current term runs through 9/2030 with one five-year option to extend.

The business has 5 full time and part time employees on staff. There is one full time manager. The owner works approximately 30 hours per week in the business.


DETAILED INFORMATION
Location
King County, WA
Inventory
Included in asking price
Financing
The seller will finance a portion of the sale price for a qualified buyer.
Support & Training
The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business.
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Gregory
Kovsky
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Gregory Kovsky