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- RE: Houston Check Cashing Business/$24 Million Annual Checks Cashed
- Contact: Nancy Webb
Quick Facts
| Asking Price: | Not Disclosed | |
| Annual Revenue: | $485,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $256,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | SB-60114 | |
| Broker Reference #: | HOUSTTX001-60114 |
Business Overview:
Established check cashing business serving the Houston Market. Processes approximately $24 million annually in total face value of checks cashed-not business revenue. Loyal customer base with approximately 50 daily transactions, streamlined operations, and competitive fees. Seller training and transition support provided. No Published Asking Price/Serious and Qualified Offers Invited
Contact the Seller:
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Property Features and Assets:
Leased space in shopping center with prominent signage and excellent street visibility.
Market Competition and Expansion:
The Houston market provides an established customer base for check cashing services, particularly among individuals and businesses seeking immediate access to funds. Competition includes independent check cash operators, banks, and other financial service providers. This business differentiates itself through more than 25 years of operation, longstanding customer relationships, competitive transaction fees, and its ability to accommodate large commercial and payroll checks.
Reason for Selling:
Owner is ready to retire. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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