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- RE: Lucrative Check Cashing
- Contact: Surendra Ghandi
Quick Facts
| Asking Price: | $500,000 | |
| Annual Revenue: | $443,122 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $212,422 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $20,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | 4 | |
| BBN Listing #: | 45352979 | |
| Broker Reference #: | 6314SG |
Business Overview:
Exceptional opportunity to own a lucrative, well-established full-service and least labor intensive check cashing franchise. Convenient location with easy access. Plenty of parking on premises. All inclusive, affordable rent with a long lease. Total transparency is the hallmark of this business. Decent hours of operation. Owner's salary is added back to the profit. Exceptional franchise guidance and support help keep abreast of this compliance, changes, and advances in the industry. ROI under 30 months. The business requires liquidity of 500,000 in addition to the purchase price. Proof of funds of no less than 750,000 required. Contact the listing agent to schedule an appointment.
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Market Competition and Expansion:
Noticeable but not formidable; Significant, addition of currency exchange, ATM, gold buying can add to revenue.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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