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Well Established, Profitable Mail Boxes Etc. In Shirley For Sale

Shirley, West Midlands, UK
Asking Price:
£55,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£100K - £200K
Net Profit:
£50K - £100K

This is a fantastic opportunity to purchase an existing, well established and profitable operation, with lots of potential to increase sales, in Shirley / Solihull.

It is an easy to manage local business, operating office in normal hours. Currently operated by the existing franchisee and full time and a fully trained member of staff, the business has delivered an average turn over of £100,000+ per annum, but there is still much more scope to expand the business, superbly located in a highly visible spot on the high street with a large range of complimentary, high quality, shops and restaurants. There is also convenient free parking outside the shop for its customers.

Solihull is known for its vibrant economy, high disposable income, and a mix of residential and commercial areas, making it an ideal location for business growth.

Solihull, in the West Midlands, is an economic powerhouse. It consistently outperforms the rest of the West Midlands and the UK in terms of Gross Value Added (GVA) and business survival rates.

Solihull boasts a high GVA per head of £44,613 per head in 2022, which is 31% higher than the England average and 73% higher than the WMCA average, according to Solihull Council. The area is a key location for international investment and has a strong focus on high-value manufacturing and low-carbon technologies.

About MBE:
Founded in California in 1980 Mail Boxes Etc. was, and is, one of the world's largest non-food retail franchises, and part of a global business network of:

  • Over 2,900* Retail Service Centres in 50+ Countries (*including those trading under our sister brands)
  • Over 1,700 MBE Franchised Service Centres, Worldwide
  • 150+ MBE Franchised Service Centres in UK & IE

With over 250,000 regular customers, worldwide, we’ve become the go-to, one-stop-shop for essential services, small and medium businesses, and the general public, are looking for.

Demand for our services has never been greater

If you are looking for greater independence in your future; even if you are a self-employed business owner wanting to diversify your business the Mail Boxes Etc. franchise is the perfect opportunity for you.

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Property Information

Property:

Leasehold

Leasehold Rent:

£13,500 per annum

Location:

Located on a busy junction along the main M42. The store benefits from being highly visible to passing and stationery traffic as it sits on a large traffic island. It is minutes from the M42.

Premises Details:

The premises have a lease of 9 years with an agreed rent of £1,250 per month and currently attracts no rates.

Parking at rear for Manager/Staff members. A time limited free parking area for customers and delivery drop offs. The Store benefits from a
customer retail front, packing and print area, storage area’s to the rear and side. Lease Expiry: 30th April 2033 The modest rent is just £13,500.00 pa. with a 5-year tenant break option. Head Lease is held by The Proprietor.

The business has a ratable value of £10,000 and qualifies for zero rates currently.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is plenty of scope to develop existing contacts with existing customers, notably tradesmen, solicitors & pubs/clubs. Great potential for expansion, particularly in the auction logistics sector, businesses and personal collections.

Solihull has a population of approximately 21,000 and within a 5-mile radius of the store there is a large retail park, industrial park, the NEC and Birmingham airport.

There are two large colleges within a few minutes by car, as well as well-established high Street businesses and a number of business retail, commercial and industrial sites.

The store services 5 Auction houses and has a large Mailbox and print customer base. With potential for expansion in sales due to the size of the population and business density in the area that require the services of a Mail Boxes Etc. store.

Trading hours:

09:00 to 17:00, Mon to Fri

Employees:
1 - Design work and auction house pick ups are completed by the Manager/Proprietor with the instore customer service. Shipping and Mail box rental administration completed by the store assistant and Manager.
Years established:
12

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The successful applicant will sign a new 10 year agreement with the franchisor, with the option to renew subject to certain conditions.

Other Information

Support & training:

Training will be provided by MBE UK and we put our people at the heart of what we do, so you’ll benefit from the guidance and support of people who want to watch you grow.

Our training and support package, has been designed to maximize your potential, and includes:

  • Pre-opening & site location
  • Area operational support
  • Pre-launch, & ongoing comprehensive training including On-site training in some of our most successful stores.
  • Extensive national marketing support

Mail Boxes Etc. believe in the power of togetherness, so as a franchisee, you will benefit from:

  • The power of the network
  • Multiple revenue streams
  • Business planning and sales coaching

All MBE centres are assigned an NSO supervisor who can assist in help and training. Online training centre and annual conference for all Mail Boxes Etc. franchisee's to share best practices.

Financing available:

Mail Boxes Etc. work with finance houses and enterprise finance schemes to help you secure funding for your business. You should also be able to secure financing from certain high street banks.

There is also the government start-up loans which you may qualify for, MBE can help with all of these.

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