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RE:  17 Year Established Title & More Loan Company Contact:  Trent Lee
License #: S.0183611.LLC

Quick Facts

Asking Price: $125,000
Annual Revenue: $138,824
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: 20,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 2
BBN Listing #: 4045142
Broker Reference #: 101-21479

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Business Overview:

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 the amount of loans as the 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.

The license in the state of Nevada takes up to a year to obtain, seller is willing to partner with a buyer and allow the new buyer to purchase the business but use his license for up to 1 year while the new license is approved. The ideal buyer is an owner-operator who can help lower payroll costs. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) at trent@fcbb.com

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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 homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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Asking Price: $315,000

Check Cashing Store with a Long History Serving LV

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Clark County

Great check cashing store with a 35 year history!With the ability to do deferred payment loans, check cashing, buy gold and silver, and provide title loans, this store would be perfect for a first time buyer, experienced operator, or as an acquisition.Seller states that it’s possible to create additional revenue by adding and loading pre-paid debit cards, ATM services, cash for gift cards, payroll, money transmission services like Western Union, InterMex, etc.. Lots of opportunities for a creative buyer!According to seller, this business is grandfathered in at this location with several licenses that would be very difficult, if not impossible, for a new owner to obtain or duplicate starting from scratch at a similar location.Seller is willing to assist a new owner while they obtain their licensure and may provide some financing for a well qualified buyer.Current owner has not been providing many of the services as she’s been focused on her other businesses. This business is ready for a new owner to help it reach its full potential.Contact us today for more information.Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Cash Flow $60,090
Revenue $94,147
$ Owner Financing Available

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