Business Overview:
This is a business that has been in a successful area for almost 5 decades. The check cashing store is open 7 days a week with a 6 day liquor license. The liquor part of the business has not been in operation since 2008 when the business was being renovated. The owners are moving forward with reopening the liquor store. The check cashing data base includes the photo ID's, social security numbers, and check cashing history for 2,500 customers which convey with the sale. The commission income is $500,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The store has been at this location for 47 years. It was recently upgraded in 2008. Since the upgrade, only the check cashing part of the business has been in operation in 1,100 square feet. The liquor store space (500 square feet) is currently in the planning stage and bids for the build-out are underway. The lease expires in 2018.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.