Business For Sale

Profitable Check Cashing Franchise Broward County

Not Disclosed, FL
Broward County

Broward County


Asking Price: Annual Revenue:
$499,000 $1,397,762

Services: Financial, Accounting, Insurance


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RE: Profitable Check Cashing Franchise Broward County Broker: Russell Cohen

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,397,762
Net Profit: Not Disclosed
Cash Flow: $156,527
Total Debt: Not Disclosed
FF&E: $41,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 6
BBN Listing #: 16114955
Broker Reference #: 1043-13900

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Business Overview:

Reason for Sale: Retirement- Profitable Check Cashing Franchise in Broward County. Established in 2005 as one of the top ten stores in the franchise system. Prime retail location with excellent access & signage. Ample Parking. Impeccable interior with all equipment meeting franchise standards. Full service check cashing/financial services store (revenues don't include payday loan revenues). Experienced Staff will support new ownership. $23 million cashed checks yearly with year over year track record. Perfect books & records that match tax returns and POS System and the franchisor's accounting. All buyers must show proof of funds before executive summary is released. No Exceptions!

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Property Features and Assets:

Free Standing Building- Rent $7107/month-Lease Expires 2/28/2020 - 2500 Sq Ft - Renewal 5 year option. Assets: $94,000

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 a franchise resale opportunity.

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