FORT LAUDERDALE, Florida
| Asking Price |
$95,000 |
Year Established |
2022 |
|
| Annual Revenue |
$342,768 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Russell Cohen |
|
| Annual Cash Flow |
$98,878 |
Listing Number |
1012402 |
|
| # of Employees |
2 |
Business Category |
Services: Non-classifiable |
|
Business Overview:
Semi Absentee Opportunity to acquire an established check cashing franchise. The business provides essential neighborhood services including check cashing, money orders, Western Union, bill payment services, bus pass sales, and related cash services.
The business serves a local customer base and benefits from a convenient location in a busy commercial area. Its services are valuable to customers seeking fast, reliable access to check cashing, money transfers, and other financial services outside of traditional banking. Revenue is generated through multiple service lines, including payroll check cashing, government check cashing, tax refund check cashing, cashier’s checks, money orders, wire transfers, bill payments, and cash advance services. This variety of offerings provides several potential income streams from one operating location.
Florida check cashing businesses operate in a regulated industry with established compliance requirements. Transactions are processed through a statewide real-time database, helping support secure operations and fraud prevention. Great franchise support & training.
This is a strong opportunity for a buyer looking to acquire or expand within the check cashing and money services market.
Property Features and Assets:
Market Competition and Expansion:
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