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Quick Facts
Asking Price: | $315,000 | |
Annual Revenue: | $94,147 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $60,090 | |
Total Debt: | Not Disclosed | |
FF&E: | 25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 35 | |
Employees: | 1 | |
BBN Listing #: | 584462237 | |
Broker Reference #: | 42321-553146 |
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Business Overview:
Great check cashing store with a 35 year history!
With the ability to do deferred payment loans, check cashing, buy gold and silver, and provide title loans, this store would be perfect for a first time buyer, experienced operator, or as an acquisition.
Seller states that it’s possible to create additional revenue by adding and loading pre-paid debit cards, ATM services, cash for gift cards, payroll, money transmission services like Western Union, InterMex, etc.. Lots of opportunities for a creative buyer!
According to seller, this business is grandfathered in at this location with several licenses that would be very difficult, if not impossible, for a new owner to obtain or duplicate starting from scratch at a similar location.
Seller is willing to assist a new owner while they obtain their licensure and may provide some financing for a well qualified buyer.
Current owner has not been providing many of the services as she’s been focused on her other businesses. This business is ready for a new owner to help it reach its full potential.
Contact us today for more information.
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
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Reason for Selling:
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