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- RE: Turn-key Check Cashing Business W/ Steady Cashflow
- Contact: Joshua Klassen
Quick Facts
Asking Price: | $170,000 | |
Annual Revenue: | $243,307 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $154,929 | |
Total Debt: | Not Disclosed | |
FF&E: | $4,912 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 2 | |
BBN Listing #: | 928750297 | |
Broker Reference #: | 17441-471702 |
Business Overview:
We have an attractive business offering located within 30 minutes of the Twin Cities Metro in Minnesota. The business is a check cashing operation and is currently owner operated with the help of a part-time staff. The business currently has a client mix of both businesses and individuals who have the need for immediate check cashing. The current location is in “door city” to the larger metropolitan area nearby which adds convenience for its clientele and is in a location where there is little competition. The business not only has a long standing in the community but high report with its long-term clients.
The perfect buyer for this business would be a currently active business owner in the same vertical looking to expand or an individual looking to work for themselves. The time constraints of the business are 5 days a week and open a few hours on Saturdays.
Highlights:
Solid history of business success and cash flow
Simple business model
Local following
Repeat customer base
Attractive and affordable lease
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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