This Upper East Side Mailbox Rental, Packing & Shipping, Internet Service, Copying, Faxing, and Full Mailroom Services store was established in 1996. Its 2 founders, both 74 years old, now run it on a semi-absentee basis (20 hours/week each) and are quite ready to retire. They have 2 very dependable full-time employees, who would like to stay on. This business would be perfect for a couple to run full-time together, which could eliminate the payroll expense of at least one of the employees, thus adding to your bottom line. The lease for 1008 square feet runs through 2032. The rent is $10,000/month, which escalates at just 3% a year for the next 15 years. The storefront is extra-wide and faces an avenue with an UES address that appeals to the 120 plus customers renting mailboxes there. The scaffolding in front of the store is due to come down in the next couple of months after 4 years of obstructing the view. This will boost visibility and sales should begin to rise again. The store is closed on Sundays. Please contact the listing broker for an appointment to meet with the sellers.
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