Check Cashing Business

Not Disclosed, PA
Philadelphia County

Asking Price: Annual Revenue:
$145,000 $183,000

Services: Non-classifiable

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RE: Check Cashing Business Broker: Surendra Ghandi

Quick Facts

Asking Price: $145,000
Annual Revenue: $183,000
Net Profit: Not Disclosed
Cash Flow: $93,564
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 26
Employees: 3
BBN Listing #: 5122979
Broker Reference #: 7565sg

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Business Overview:

Exceptional opportunity to own a lucrative well-established full service least labor-intensive franchise. Strategic location with proximity to mass transit and easy access from the sports complex, a newly opening LIVE HOTEL CASINO, and a short distance from the Philadelphia naval shipyard. Plenty of pedestrian traffic. Affordable rent. Total transparency is the hallmark of this business. Decent hours of operation. Exceptional franchise guidance and support help keep abreast of regulations. ROI under 24 months. The business requires liquidity of 200000 in addition to the purchase price. Proof of funds of no less than 350000 required. Operated by Semi absentee owner. Salary of one FT employee added back to cash flow for an owner-operator. Contact the listing agent to schedule an appointment.

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Market Competition and Expansion:

Negligible to moderate & Significant addition of commercial accounts can increase revenue.

Reason for Selling:

Retirement, other interests.

Additional Details:

  • The property is owned.
  • The owner is not 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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