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Business For Sale
DEFERRED DEPOSIT SERVICE
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Asking Price: |
$185,000
USD USA Dollars
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Business for Sale Industry: |
Services: Financial, Accounting, Insurance
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Reason for Selling:
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Other interests. |
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Year Established:
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1998 |
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# of Employees:
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2 |
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Yearly Cash Flow:
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$38,361 |
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Yearly Gross Income:
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$112,384 |
Business for Sale Overview:
This business has been in the payday loan business since 1998.This portion of the business has grown between 15-20% annually since inception. It has a lower than average noncollectable balance, usually 5% or less of total transactions. In addition to check cashing, it also offers private mail boxes, shipping, packing and much more. Approximately 70% of 2007 total revenue will come from check cashing. This business is located in one of the fastest growing areas of Nevada and has very limited competition. This business will earn a steady income for its new owner.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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.
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