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MBE Canterbury, Unit 9B Roper Cl, Canterbury, Kent, CT2 7EP

MBE Canterbury, Unit 9B Roper Cl, Canterbury, Kent, CT2 7EP

Since opening in June 2012, MBE Canterbury has established itself as a respected and popular business in the St. Dunstans Area of Canterbury. It is the local “Post Office” in this part of the city.

With a loyal and regular clientele of both business and public taking advantage of all the services available. The business has been and continues to be robust, having been a lifeline for the area during the pandemic when all other shops were shut.

The business benefits from a very affordable lease, high gross margins, low staff turnover, a loyal customer base and has excellent potential to increase revenue growth across all services in the coming years.

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Demographics

Demographics

Canterbury has been named the best city to start a business in the UK. It has a population of 160,000 plus 40,000 students during term times and thousands of visitors a year. Canterbury, Kent boasts a diverse and dynamic business landscape. Home to two prominent universities, the University of Kent and Canterbury Christ Church University, providing employment opportunities and fostering innovation.

The historical significance of Canterbury, particularly Canterbury Cathedral, attracts tourists, supporting a
thriving tourism sector, including hospitality, retail, and restaurants.

Small and medium-sized enterprises (SMEs) play a vital role in the local economy across various industries. Additionally, Canterbury exhibits a growing presence of technology startups and entrepreneurial ventures.

With a mix of traditional sectors and emerging industries, Canterbury’s business demographics are perfect for Mail Boxes Etc. to take advantage of.

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Store proximity

Store proximity

The only Mail Boxes Etc. in east Kent, MBE Canterbury is located in St. Dunstan’s Street just outside the City walls. Close to Canterbury West Train Station on the main thoroughfare into Canterbury.

St. Dunstan’s Street is in the heart of Canterbury’s city center., surrounded by numerous shops, boutiques, restaurants, and cafes. It’s a bustling area where residents and tourists can enjoy shopping, dining, and cultural activities.

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Recent Business Performance

Recent Business Performance

2022/23 Turnover: £116,000
2022/23 EBITDA: £39,130

The store has a robust turnover and the business shows a healthy profit margin. With a diversity of revenue streams and controlled costs the business has a solid foundation on which prospective owners can build upon.

Potential Growth Opportunities include:

  • Expand digital marketing efforts to reach a wider audience in the region.
  • Develop partnerships with additional local businesses and institutions.
  • Increase product and service offerings to include more custom business solutions.

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Main Clients

Main Clients

The store is the local “Post Office”. With the nearest actual Post Office over half a mile away, the local businesses and home owners use the Royal Mail services on a daily basis. And several local businesses have a mailing account for all their post and parcels.

A local Auction house has sales six times a year and recommends the store to their buyers. The local Hotels use the store to return items left in rooms by their customers. The store is also one of the few places in Canterbury that provides scanning and photocopying services. The local print shops send customers who need short run copying to the store!

There is also a healthy Mailbox rental service, with many clients using the store for other services.

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Property Lease

Property Lease

  • Lease Cost: £10,000
  • Lease Expiry: 01/05/2027

The property is the whole building comprising 3 floors and a basement. The ground floor is the shop area, second floor office, packing area, kitchen and toilet, top floor has 2 good sized storage rooms. The lease was renewed in 2022 for 5 years with a 2.5 year break clause.

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Staffing

Staffing

In addition to the owner there is one member of staff, a senior sales associate, who has been with the business since June 2021. Fully experienced in all aspects of the day-to-day running of the business – serving customers, Customer management, invoicing, cashing up and stock ordering, opening/closing and is a key holder.

Enquire about MBE Cheltenham

How we support your business vision

Mail Boxes Etc. offers a proven business concept providing what you need to turn your business project into a reality: