For Sale
The UPS Store 242
Victoria, British Columbia

$ 165,000

Photographs

Contact & Map

Gross sales: $300,000
Franchise built out: $150,000
Value of store equipment:
Even at half price would be worth $12,500
$25,000
Normalized Net Profit after you pay the manager $45,000 per year: $25,000
Cash flow value is 3x Normalized Net: $75,000
Compare this to a new franchise:
  • $150,000 for franchise.
  • $25,000 for extra equipment.
  • $50,000 to $100,000 to pay management and expenses in first year while business builds.
  • When this store opened 8 years ago as Mailboxes etc (as it was called before the buyout by UPS) the first days receipts were $8
  • When Graham West purchased the business, the first day receipts were $1,300 (Tuesday after Labour Day long weekend)
  • In 2007, Tuesday receipts after a long weekend are approx. $2,000
  • Compare this to a new built franchise at $150,000 and the $100,000 it could cost you to carry the first 18 months until the new store can support itself.
Total Value in this Business Opportunity: $275,000
Asking Price: $165,000
  • The store has steady and growing sales.
  • The store was totally refurbished in 2004 so it has the most modern UPS Store look and feel.
  • The area is growing very fast and is getting more upscale.
  • Great long-term lease in a great little mall.
INVENTORY:  
  • Staplers, small – 6 - $100
  • Stapler, large – 1 - $60
  • Stool – 1 - $20
  • Chairs – 2 - $45
  • Desks – 2 - $400
  • Phones – 3 - $75
  • Computers – 2 - $2000
  • Wooden shelves – 6 - $180
  • Ladder – 1 - $35
  • Vacuum cleaner – 1 - $50
  • Rulers, metal – 4 - $10
  • Shredder – 1 - $45
  • Security System – 1 - $850
  • HP Scanner – 1 - $100
  • File holders (smoked) – 8 - $40
  • Fridge 1 - $150
  • Tape measures – 6 - $30
  • Tape guns – 4 - $40
  • Step stool – 1 - $20
  • Cash Register – 1 - $1000
  • Computer Software - $2000
  • Mailbox modules – 1 - $600
  • Paper cutter – 1 - $1200
  • Paper slicer – 1 - $75
  • Postal code book – 1 - $30
  • Cerlox binder – 1 - $ 800
  • Laminator – 1 - $200
  • Metal Paper shelves – 2 - $40
  • Three hole punch – 1 - $40
  • Plastic shelving – various - $ 200
  • Wall shelving – 2 - $90
  • Scissors – 4 - $10
  • QuickBooks accounting – 1 - $500
  • Pegs, retail – 100+ - $40
  • Mouse pad corner cutter – 1 - $150
  • Micro wave – 1 - $25
  • Movable counters – 2 - $400
  • Router – 1 - $50
  • Self-inking stamps – 7 - $140
  • Peanut bag hopper – 1 - $600
  • Garbage bins – 3 - $30
  • Book shelf – 1 - $15
  • HP nr 130 wide format printer - $1300
TOTAL - $16,805  
Recent renovations to new 2000 look: $21,000
......a. Painting to new colours
......b. Cabinets – some new & some painted
......c. Graphic Ribbon
......d. Carpet
......e. Millwork
......f. Lighting
......g. Signage


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This Page Last Revised
 May 15, 2008

Email: Eric Jordan
Email Larry Davison

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