Long Established Loan Company with Prime Location

Las Vegas, NV
Clark County


Asking Price: Annual Revenue:
$145,000 $176,792

Services: Professional


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RE: Long Established Loan Company with Prime Location Broker: Mounir Bousaid

Quick Facts

Asking Price: $145,000
Annual Revenue: $176,792
Net Profit: Not Disclosed
Cash Flow: $65,461
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 2
BBN Listing #: 69465142
Broker Reference #: 101-15652

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Business Overview:

Welcome to the business of Cash! 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. Current amount loaned out stands at approximately $60,000.

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Property Features and Assets:

This is a leased location of 2,400 square feet with a Total Rent of $3,600. Lease ends 06/2023 with a one 5 year lease options. Seller is/is not active in the business with 2 Full Time employees. Hours of operation are 9 AM to 6 PM, Monday - Saturday. $20,000 in FF&E included in Asking Price.

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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