Profitable, Well- Estab., Onsite Check Cashing

Not Disclosed, AZ
Maricopa County


Asking Price: Annual Revenue:
$120,000 $154,771

Services: Business & Office Services


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RE: Profitable, Well- Estab., Onsite Check Cashing Broker: Bryan Vitagliano
Owner Financing is Available!

Quick Facts

Asking Price: $120,000
Annual Revenue: $154,771
Net Profit: Not Disclosed
Cash Flow: $126,010
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 514446649
Broker Reference #: Not Disclosed

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Business Overview:

This business provides onsite check cashing services for employees of local businesses. The owner visits job sites weekly on paydays and processes checks onsite for the staff.

Established for 20 years, the business currently services approximately 10 accounts across Maricopa County. In its current model, the seller operates alone and puts in around 10 to 15 hours a week on the business. The sale of the business includes two armored vehicles, each equipped with bullet-proof glass and cashier windows for receipt and distribution of checks and money. Seller reports having no security issues since inception of the business, and has confirmed with his banking institution their agreement with continuing to work with the buyer in the same capacity and cash third-party payroll checks.

In addition to the asking price of the business, the buyer will need between $150,000-$200,000 in liquid-cash for weekly working capital.

The seller is motivated, willing to finance the sales price, and only asking $120,000 for his business.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

There is opportunity for growth.

Reason for Selling:

Retirement

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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