Mail Boxes Etc. (MBE) Franchise Business In York For Sale Established 20 years

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Status
FOR SALE
Advert ID
196539

Details

This franchise offers you the chance to be part of a 1,500-strong global network that is growing rapidly. Our city centre location offers a mix of professional business services to help meet people’s everyday needs. Our customers range from members of the general public to small businesses, students, overseas visitors and the art and antiques sector. There are more than 150 stores in the UK and Ireland, and the network is expanding.

The business has been established in the city for 20 years, the nearest branches being in Leeds, Newcastle, Sheffield and Bradford. It is one of the UK’s earlier stores, which I took on 11 years ago. During this time I have enjoyed building the business which has grown steadily in both sales and profit, and we are proud to boast our position in the top third of the UK Network performance tables. There are multiple revenue streams, and the business provides strong margins ranging from 55% on some products, though to 100% on others, giving a healthy average of about 65%. Net profit is around £30k - £35k per annum. We have over 115 mailboxes under contract which provide a regular, guaranteed income, the revenue from which more than covers the property rent.

Business is particularly strong currently with a net profit in the first six months of the year (Apr-Sep) of £22k, and net sales are up £28k on a rolling 12-month basis.


It is a non-rigid franchise structure with a flexible approach to pricing, supply and operation, and there is siginificant opportunity for ongoing business development.

Our core offering is local and international parcel delivery via a choice of big-name carriers including UPS, Fedex, DHL, TNT, and Parcelforce, and we provide an expert packing service too. Other services are print, copy, finishing, and design; mailbox rental and ‘virtual address’ services for individuals and businesses; Royal Mail postal services; office supplies and stationery, plus support services such as internet access, scanning, fax and telephone answering that help to make us a useful support hub for local businesses.

One particular area of growth and ongoing development opportunity is our partnership with the Auction and Antique sector. We are well positioned (with very limited direct competition) to provide comprehensive collection, packing and shipping services to online Auction buyers, and work in close partnership with many Auction Houses over a wide geographic area extending to the East Coast.

This business is offered for sale due to the current owner’s relocation plans. Offers are being sought in the region of £79,950 plus stock.

Listing Details
Leasehold Price: £79,950
Tenure: Leasehold
Sector: Courier Businesses, Printing Businesses, Packaging Businesses
Website: http://www.mbe.co.uk/york
Financials
Annual Turnover: £165,000
Annual Net Profit: £35,000
Key Features
  • Accounts Available
  • Attractive Business
  • Offers Invited
  • Price Reduced
  • Established Business
  • Fully Fitted
  • Town Centre location
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