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: David Buboltz

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.

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Reason for Selling:


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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