Business Overview:
The seller is seeking a buyer who already has the necessary licenses to own and operate this type of a business. The ideal buyer is someone already in the industry, with the required licenses, looking to expand and take over this location. The business is well established for many years and has a prime location on one of the busiest roads in Las Vegas leading to the strip. Services currently offered consist of title loans, payday loans and signature loans, seller claims room for growth by expanding services offered such as check cashing or increasing amount of loans as seller receives several calls daily for new loans despite no desire to grow the business. Seller states that the business has the lowest default rate in the state due to the successful operation of the business for many years. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).
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Property Features and Assets:
This is a leased location of 2,400 square feet with a Total monthly rent of $4,560. Lease ends 06/2023 with One 5-year options. Seller is active with 2 Full Time employees. Hours of operation are 9am-6pm Monday to Friday and 9am-6pm Saturday. $20,000 in FF&E. Payday license required.
Reason for Selling:
Moved out of state.
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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