Check Cashing Store

Not Disclosed, FL
Palm Beach County

Palm Beach County

Asking Price: Annual Revenue:
$450,000 $304,937

Services: Financial, Accounting, Insurance

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RE: Check Cashing Store Broker: martin berliant

Quick Facts

Asking Price: $450,000
Annual Revenue: $304,937
Net Profit: $180,587
Cash Flow: $180,587
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 1
BBN Listing #: 971929831
Broker Reference #: Not Disclosed

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Business Overview:

Long established and highly profitable check cashing business in Palm Beach County for sale. Store average check cashing fee is 1.9% and averages $1.135M worth of cashed checks per month. Long term lease in place with rent of $1,500/month. Store does not accept walk-in traffic, which keeps bad checks to a minimum. Only repeat and referred customers accepted. Most customers are local small business owners. Owner is retiring after very successful 25 year run and will help train and transition new ownership. In compliance with all state regulation and properly licensed. Please contact Martin Berliant using reply to this ad button. Non-disclosure form is required.

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Reason for Selling:


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 not a franchise resale opportunity.

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