Check Cashing sevice

Check Cashing sevice

Available

$280,000.00

Listing Number :

 3975

Status :

Available

Price :

$280000

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Area

4 x locations

Description

Well established check cashing and payday loan business in operation for over 25 years. In addition to check cashing and payday loan services, these offices also specializes in selling money orders, bill payment services, money transfers/money wiring, stamps, faxing, photocopies, cell phones and accessories, mail boxes, and UPS pick-up and delivery. All four locations are located in busy retail plazas with major anchors driving high volume of foot traffic. Each office features bank-quality build- out and security systems. Excellent growth potential through hands-on management.# 3975

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 1995
Year Purchased:
Business Type: Check Cashing Services
License(s) Required: business
Hours of Operation: 9 am-6 pm/Mon. Friday
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3975
Date Available: 8/13/2020
Reason For Sale: Retiring.
Annual Total Revenue: 341550
Annual Net Income:
Inventory:
Monthly Payroll: 10271/m for 4 locations
Lease Information
Base Rent: 6067/m -4 x locations
Lease Expires:
Lease Option: 2x3 years & 2 x 5 years options
NNN:
 
Financing Information
Down Payment: 280000
Owner Will Carry:
Other Finance Terms:

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