MergerPlace

Check Cashing

Pennsylvania


  • Asking Price: $115,000
  • Gross Income: $177,959
  • Cash Flow: $81,703
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $50,000
  • Listing ID: #207327
  • Established: 14
  • Employees: 1 F/T 1 P/T

Business Description

A well-established Franchise Check Cashing business, owned and operated by the same owner. On major road, serving a cosmopolitan community with parking on premises. In addition to the check cashing , also provides services such as gift cards, Bill Pay, Nexis Card, Net Spend, Wire Transfer, Gold Buying, Money Orders, faxes, envelopes, document copy and postage stamps. Which generate aggregate revenue of $47,959. The all inclusive affordable rent is a plus. this business requires a liquidity of $250,000 plus purchase price. Proof funds required. Adding currency exchange and notary service can increase revenue. Itemized Income: Check Cashing - $130,000; Aggregate Income of $47,959 from other services.


Business Details

Primary Business Category: Services - Other Services
Location: Pennsylvania

Company Information

Year Established: 14
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 F/T 1 P/T

Financial Information

Asking Price: $115,000
Gross Revenue: $177,959
Cash Flow: $81,703
FF&E: $50,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Good

Competition:

Usual

Reason for selling:

Retirement

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Howard Goldberg

Executive Business Brokers