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  • RE:  Check Cashing @location 30yr! 10M Transactions!
  • Contact:  Libby Rabinowitz

Quick Facts

Asking Price: $120,000
Annual Revenue: $198,118
Net Profit: Not Disclosed
Cash Flow: $124,800
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 1970
Employees: Not Disclosed
BBN Listing #: 994831
Broker Reference #: 189597-626176

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Business Overview:

Profitable Check Cashing Business – $10M Annual Volume – Exclusive Territory

Rare opportunity to own a high-volume, low-overhead check cashing business with over 30 years of continuous operation in the same prime location. This business is the only check cashing provider in the area, operating with exclusive rights within a 2,500-foot radius. It processes approximately $10 million in annual transactions at an average 2.21% fee, offering services such as check cashing, money orders, and bill payments.

The current owners have successfully run the business for 16 years and are ready to retire, offering training for a smooth transition. Monthly rent is just $1,600 with minimal additional expenses. Peak volume comes during the summer months.

WORKING CAPITAL OF $150,000 IS REQUIRED.

This is a turnkey opportunity with strong margins, consistent cash flow, and a recession-resistant model—ideal for an owner-operator or investor looking to step into a stable, established business. >>

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Reason for Selling:

Retiring. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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