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- RE: Check Cashing Business
- Contact: 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 |
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.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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