Profitable Independent Check Cashing & Payday Loan

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$50,000 $145,580

Services: Financial, Accounting, Insurance

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RE: Profitable Independent Check Cashing & Payday Loan Broker: Russell Cohen

Quick Facts

Asking Price: $50,000
Annual Revenue: $145,580
Net Profit: Not Disclosed
Cash Flow: $71,950
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 31794955
Broker Reference #: 1043-15914

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Business Overview:

Reason for Sale: Change in Career- Profitable Independent Check Cashing & Payday loan business. Full time Owner Operator makes $70,000+. Fantastic location that supports check cashing and payday loans. Easy to run and seller will train. Franchise buildout but no franchise fees. Lease expires in 2023 but landlord will renew. Perfect opportunity to add on a second location or convert to a franchise concept. Seller does no marketing to help increase the sales volume. Many repeat loyal clients.

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Property Features and Assets:

Assets = $60,000.

Reason for Selling:

Change in Career.

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.

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