Business Overview:
This location does a large number of different financial service industry specialties. Includes, check cashing, car title loans, money gram, auto registration, cash for gold sales, bill payments, ATM, money order creation, and of course the lion's share is check cashing.
Owners are active hands-on owners for the past 11 years straight and desire to retire and take a much-earned vacation.
Exceptional long term below market lease for this heavily trafficked major thoroughfare in East Los Angeles. NDA is required to receive business address and do a drive-by or to schedule an appointment to speak to the Sellers.
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:
Facilities: Retail plaza in the East Los Angeles. Exceptional long term below market lease for this heavily trafficked major thoroughfare in East Los Angeles.
Support/Training: 4 weeks, 40 hours per week.
Market Competition and Expansion:
Competition: The big box retailers like Wal Mart etc. are far enough away to not have severely impacted the subject business. Has a large regular clientele base.
Growth/Expansion: Could add other financial services like travel agency, insurance, or income taxes to bring additional traffic flow into the location.
Reason for Selling:
Retirement.
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.
Resources: