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Mail Boxes Etc. Centre

Take Over a Mail Boxes Etc Centre

Take over an existing Mail Boxes Etc. Centre with an established customer base, allowing you to get up and running quicker and reduce set up fees.

MBE Newcastle, 58 Low Friar Street, Newcastle upon Tyne, NE1 5UD

MBE Newcastle, 58 Low Friar Street, Newcastle upon Tyne, NE1 5UD

MBE Newcastle offers a fantastic opportunity to purchase an existing, well established and highly profitable city center business, operating office hours.

Set up and operated by the existing franchisee for over 16 years, the business has delivered an average EBITDA of £145,000 per annum over the past 5 years.

Currently operated by the franchisee, assisted by two full time staff there is still much scope to expand the business which is located on a street of retail units in Newcastle City Centre.

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Demographics

Demographics

In a 10 mile radius of the branch, we have a population of over 1 million people and 26,856 businesses!

Within a 2 mile radius of the branch, we have a population of 78,772 and 3,800 business opportunities!

There is no comparable competition within the city centre.

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Store proximity

Store proximity

Located in the center of Newcastle, 5 minutes walk from Newcastle Central mainline rail station.

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Recent Business Performance

Recent Business Performance

2024 Turnover: £429,500
2024 EBITDA: £122,400

  • The shop sits in the top tier performance segment and is ranked 6th out of 140 branches in 2024.
  • Average monthly revenue is £35,000
  • Average monthly net profit is £10,000
  • The store is the only MBE store located in Newcastle, and the only MBE store between Edinburgh and Leeds.
  • Recurring mail box revenue alone, covers all of the fixed costs for the business and more.

Packing and shipping accounts for 71% of the centres revenue. Annual shipping revenue is £305k at an average 60% gross margin. There is a well established mail box rental customer base producing recurring income of over £25k per annum at 100% gross profit.

Printing is a small part of the centre’s business and could be grown, by selective investment in printing equipment.

The 2 vans, stock, fixtures and fittings owned by the business are included in the sale price.

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Main Clients

Main Clients

  • Shipping for an international art print supplier (150k to 250k per annum)
  • Number of regular business shipping customers (c 25k pa)
  • Long established mailbox client base

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Property Lease

Property Lease

The modest rent is just £13,300 pa. with 4 years remaining on the lease.

There are no business rates payable.

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Staffing

Staffing

The store has two long-standing full-time employees, with many years’ experience of antique and artwork packing and shipping.

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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:

OPEN A NEW MBE CENTER

Mail Boxes Etc./MBE Centers are operated by independent operators as franchisees, who operate under a franchise agreement under the brand name of MBE. Through its franchise network Mail Boxes Etc. provides support services for businesses and individuals. Logistics and shipping services represent the main services of MBE – enabled by MBE through contractual agreements concluded for the benefit of its franchisees with the main domestic and international express couriers - and other graphics and printing services - provided either directly or on the basis of agreements with large printing centers. The promotion of services for business and private customers is carried out in the framework of the business activity of each MBE franchise partner within and outside of the MBE Centers ("farming"). Each franchise partner is contractually obligated to perform such activities. Mail Boxes Etc. and MBE are registered trademarks used with permission of Fortidia - a registered trademark of MBE Worldwide S.p.A - (All Rights Reserved). The services offered by the individual MBE Centers can vary depending upon the location. The material available on this Internet site, the information contained herein and any other relevant related data may not in any manner be copied, distributed, changed, republished, reproduced, downloaded or forwarded to third parties, without the expressed prior written authorization of Sistema Italia 93 S.r.l. We accept no responsibility with regard to the unauthorized use of the material available on this Internet site, the information and/or the data contained herein.