MergerPlace

Profitable Check Cashing Franchise

Florida (Broward)


  • Asking Price: $499,000
  • Gross Income: $1,397,762
  • Cash Flow: $156,527
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $41,000
  • Listing ID: #205725
  • Established: 2005
  • Employees: 4 FT/ 2 PT

Business Description

Reason for Sale: Retirement- Profitable Check Cashing Franchise in Broward County. Established in 2005 as one of the top ten stores in the franchise system. Prime retail location with excellent access & signage. Ample Parking. Impeccable interior with all equipment meeting franchise standards. Full service check cashing/financial services store (revenues don't include payday loan revenues). Experienced Staff will support new ownership. $23 million cashed checks yearly with year over year track record. Perfect books & records that match tax returns and POS System and the franchisor's accounting. All buyers must show proof of funds before executive summary is released. No Exceptions!


Business Details

Primary Business Category: Finance - Funds, Trusts & Other
Location: Florida
County: Broward

Company Information

Year Established: 2005
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 4 FT/ 2 PT

Financial Information

Asking Price: $499,000
Gross Revenue: $1,397,762
Cash Flow: $156,527
FF&E: $41,000
Seller Financing Available: No

Property Information

Facilities:

Free Standing Building- Rent $7107/month-Lease Expires 2/28/2020 - 2500 Sq Ft - Renewal 5 year option.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers