Tobacco And Money Services Fairfax County, VA
Not Disclosed, VA Fairfax County
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- RE: Tobacco And Money Services Fairfax County, VA
- Contact: Mark Irion
Quick Facts
| Asking Price: | $750,000 | |
| Annual Revenue: | $1,037,033 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $225,898 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $13,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 6 | |
| BBN Listing #: | 1015142 | |
| Broker Reference #: | 9525-903860 |
Business Overview:
In 2002 the Company began operations as a retail cigar and tobacco business, and has built a loyal customer base and a reputation for quality and service. In 2004, the owners strategically diversified by adding Money Service Business (MSB) operations, transforming the Company into a dual-revenue enterprise that has now operated continuously for over two decades.The MSB division provides a suite of essential, non-bank financial services, including money transmission, check cashing, and money order sales. The business is an important community asset and fills a critical need for individuals and businesses in communities that are often un-banked, positioning the Company as a vital access point for financial inclusion in its market. The business closely adheres to regulations regarding anti-money laundering (AML) and counterterrorist financing statutes, reflecting an established and compliant operating infrastructure that represents significant value to a prospective buyer.The combination of a long-standing retail tobacco operation and a recurring revenue financial services division gives the Company a diversified income base, entrenched community relationships, and a proven, resilient business model spanning nearly a quarter century.
Contact the Seller:
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Reason for Selling:
retirement. Kindly ask the seller for more information.
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
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