Money Services Store - St Paul

St Paul, MN
Ramsey County


Asking Price: Annual Revenue:
$45,000 $174,000

Services: Financial, Accounting, Insurance


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RE: Money Services Store - St Paul Broker: Mac Thelen
Owner Financing is Available!

Quick Facts

Asking Price: $45,000
Annual Revenue: $174,000
Net Profit: Not Disclosed
Cash Flow: $25,000
Total Debt: Not Disclosed
FF&E: $21,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 6
BBN Listing #: 538040231
Broker Reference #: 7805 mt

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Business Overview:

Absentee owner! Profitable Money Services Store located in St Paul. Has been established since 2003 in same location. The seller owns the building, so a good lease can be negotiated. Turn key operation. Residual revenue from a loyal customer base.

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Property Features and Assets:

Leased free-standing building with large sign and high visibility. Seller owns building as well and will work with buyer on the lease. Updated fixtures. Perfect location for this business.

Market Competition and Expansion:

Growing market. Store location is strategically located. Demographic niche! Owner is not involved with day to day operations, so a new owner could grow the business by getting involved. Additional money service products could also be added.

Reason for Selling:

Moving

Additional Details:

  • The property is leased.
  • The owner is not 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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