Mail Boxes Etc Glasgow City

MBE Glasgow City offers a fantastic opportunity to purchase an existing, well established and highly profitable easy to manage city centre franchise business, operating office hours.
Operated solely by the existing franchisee for 13 years and established at the current location for 24 years, the business has delivered an average net profit of £120,000 per annum over the ownership period
Currently easily operated by 1 person (The Franchisee) there is still much scope to expand the business which is superbly located in a street of complimentary high quality shops and restaurants in Glasgow City Centre.
International shipping accounts for 50% of the centres revenue, 70% of which is B2B. Annual shipping revenue is £162k
There is a strong mail box rental customer base producing recurring income of over £32k per annum at 100% gross profit.
Production printing including wide format printing accounts for revenue of over £60k per annum.
All of the extensive printing and finishing equipment is owned by the business and included in the sale price. Glasgow city centre is currently undergoing an extensive refurbishment and re-building program of streetscapes. The store is ideally positioned to capitalise on this.

Main Clients
• Packing & shipping for 3 Glasgow auction houses (c40k per annum)
• Global cosmetics brand. Daily bespoke international shipping. (c 20k per annum)
• Strathclyde and Caledonian University are within walking distance
• Music venues. Regular poster publicity printing account.
• Bagpipe manufacturer. Regular international shipping.
• Local industrial engineering supplier account. Weekly large UK shipping business.
• Long established mailbox client base
. Highly profitable regular international tourist shipping from guests staying in nearby city hotels. c£30,000 per annum

Recent Business Performance
2022 Turnover : £230,210
2023 Turnover: £253,691 (+ 10%)
2022/23 Net profit: £103,111 (+6%)
2023/2024 Net profit £115,334 (+12%)
April 2024 +35% revenue increase versus May 2023
May 2024 +39% revenue increase versus May 2023
The store is one of the most profitable MBE franchise in the UK
• Printing + 28% 2022 v 2023
• Mail box revenue + 18% 2022 v 2023
• Shipping revenue + 3% 2022 v 2023
• The shop sits in the top tier revenue performance segment for the franchisor and is ranked at 28th out of 150 shops.
• Average monthly revenue is £21,141
• Average monthly net profit is £10,000
. The net profit which has been constant during the current 13 year ownership is one of the highest in the company.
• The store is the dominant performing MBE store located in Glasgow
• The store is a previous Franchise of the year award winner.
• Recurring mail box revenue covers all of the fixed costs for the business and more.

About Mail Boxes Etc Franchise
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. The Glasgow City Centre franchise will get you off to a flying start with immediate net earnings of c £2500 per week, very low stock holding (c£3000) and the best cash flow in the business. Where you take things from there is up to you! A unique and rare opportunity not to be missed. Contact the seller now to arrange an on site meeting.