4 Young Street, Neutral Bay NSW

For Sale

Services

$95,000 + GST

102m2

    • Brochure [ File 1 ]
    • Franchise Franchise Resale
    • Franchise Royalties 7
    • Staff Full Time 1
    • Annual Turnover 350000
    • Annual Ebit 82940
    • Annual Gross Profit 280000

Business Headline : MBE Franchise Resale - Digital Print, Mailbox, Business Services and Courier Distribution - Neutral Bay, Sydney


Price : $95,000


Category : Services, Import/Export/Whole, Print/Photo, Copy/Laminate, Wholesale


This is an opportunity not to be missed - Low Cost, High Growth


Organic sales revenue from day 1, with large grow potential due to under performance from retired owner (health reasons). MBE Greenfield sites initial investment range approx. between $150,000 & $185,000 without repeat clients established. 


About the Opportunity


MBE Neutral Bay was the first MBE centre established in Australia 25 years ago. The centre is conveniently located in the heart of the lower North Shore at the corner of Young Street and Military Road, close to the centre of Sydney.


Your customer base is essentially a professional clientele (small to medium businesses, corporate clients, located within 3-5kms from your centre) and the centre operates during business hours (Monday-Friday, 8:30am - 5:30pm) with low staffing requirements, making it ideal for a family unit to operate. The centre services the Neutral Bay, Cremorne, Cammeray, Cremorne Point, North Sydney, Northbridge, Kirribilli and Crows Nest areas.


Business Summary:



  • Over 200 mailboxes are occupied on subscription agreements guaranteeing incoming revenue from day 1

  • The business is currently run as an MBE corporate store with MBE staff

  • 25 years under operation 

  • Sale decline due to retired owners health reasons, this is reflected in the low sell price

  • Large existing data base and ongoing clients 

  • Financials have been modelled due to the previous owner running 2 businesses at the one location 

  • MBE Green field sites initial investment range from approx. $150,000 - $185,000 in which no repeat clients have been established as yet

  • Equipment worth in excess of $60,000

  • Royalties: 7% of gross

  • Marketing Fees: 2% of gross


Business services offering 


Printing Services



  • Copying & Printing

  • Binding & lamination

  • Catalogues

  • Manuals 

  • Business cards

  • Stationary 

  • Banners, Postage, Signage 

  • Broachers

  • Newsletters & Flyers 

  • Design consultancy 

  • Custom Finishing


Mailbox Services



  • Private mailbox 

  • Mail forwarding/Redirection

  • Mail and Parcel management 

  • Private Document Exchange 


Business Services



  • Tailored direct mail programs

  • Virtual Office

  • Telephone answering and forwarding 


Couriers and Shipping



  • Overnight Couriers

  • Domestic & International Couriers

  • Packing & Shipping

  • Track & Trace

  • Tailored freighting solutions 


About MBE


MBE was established in 1980 in San Diego and in 2000, the United Parcel Service purchased the MBE Master License for USA/Canada/Puerto Rico which later re-branded their 4,300+ locations to The UPS Store. In the rest of the world including Australia and NZ, stores are branded Mail Boxes Etc. (also known as MBE Business Centres) and our Master Licensee is head quartered in Italy since 2009. There are now 2,700+ MBE centres world wide and growing.


Marketing Support


MBE Australia provides comprehensive marketing support with all artwork specifically tailored for each quarter. MBE Australia is the winner of the prestigious global Marketing Excellence Award 2017 and 2015 (defeating thirty-one other countries).


Length of Agreement


The Franchise Agreement is for a 10 year period, with an option for an additional term of 10 years. 


Training Provided


Initial training consists of four to six weeks, in-store, hands-on training supplemented by one week Head Office training in Sydney. Ongoing training and support is provided through the MBE Training Academy online portal and business coaching program.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4434149#enquire-now

Annual Rent : $81,600 -
Weekly Rent : $1,569


Annual Turnover : $350,000 -
Weekly Turnover : $6,731


Annual Gross Profit : $280,000 -
Weekly Gross Profit : $5,385


Annual Ebit : $82,940 -
Weekly Ebit : $1,595


Premise : Leased


Lease Commencement : Jun 2018


Lease End : May 2022


Lease Option:
5 years


Total Floor Area : 102 Square Metres



Franchise : Franchise Resale


Franchise Royalties : $7


Year Established : 1993


Days Trading : 5


Staff :
1 Full Time


Staff Salaries : $60,000


Reason for Sale : Owner has retired due to heath reasons and store is currently being run as a corporate store by MBE staff, which is not preferred by the director of MBE


Location : Conveniently located in the heart of the lower North Shore (Neutral Bay) at the corner of Young Street and Military Road, close to the centre of Sydney.


Business Potential : Gather traction with local clients that have decreased due to last owners progressive withdrawal from the operation


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