Business For Sale

Urban Wire Transfer and Check Cashing Store

Not Disclosed, NC

Triangle Area


Asking Price: Annual Revenue:
$600,000 $385,000

Services: Non-classifiable


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RE: Urban Wire Transfer and Check Cashing Store Broker: Pete Estremera

Quick Facts

Asking Price: $600,000
Annual Revenue: $385,000
Net Profit: Not Disclosed
Cash Flow: $314,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: North Carolina
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 842651569
Broker Reference #: RL00121

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Business Overview:

Rare opportunity to purchase a profitable, high volume money transfer and check cashing store. Known for their outstanding service and a fixture in this Triangle community for two decades, this store has a great reputation and hundreds of regular customers! This standout business processes on average $17,000,000 in transactions per year.

In addition to this high-volume money transfer business, the space hosts a profitable, yet underutilized, tacoria. The new owner can add to the menu to increase sales.

Gross Revenues in 2016 were $385,000 with Seller’s Discretionary Earnings of $314,000. Current owners have owned the shop for over 20 years and are looking to retire. Great opportunity for an owner operator or as an add-on to a portfolio of wire transfer, check cashing or short order restaurant. Asking price: $600,000.

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.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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