Check Cashing Business

Asking Price$360,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,000,000

InventoryNot Disclosed

FF&ENot Disclosed

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Check Cashing Business


Asking Price$360,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,000,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
This is a great opportunity to own a successful, profitable Check Cashing/Maxi Transfer business in Wayne County. Established since 2010, this high volume, lucrative business is located in a neighborhood discount store with steady client traffic coming through normal business hours. This easy-to-run business is currently being operated and managed by two part-time employees. Very loyal clientele with low overhead! Current services include Check Cashing, Maxi Transfers, Print Services, Bill Payment, Money Order, E-Pay and more. Current owner does not advertise…a new owner/operator with some creative advertising/marketing along with adding Translation Services, Western Union, ATM and Payday Loan, you have HUGE potential. A must see/must have business that will not last long. Seller will train and entertain all reasonable offers. Don’t miss out on this great business! Call Armen Nazarian Business Brokers
About the Business
Years in Operation
15
Number of Employees
2
Facilities & Assets
This easy-to-run business is currently being operated and managed by two part-time employees. Very loyal clientele with low overhead! Current services include Check Cashing, Maxi Transfers, Print Services, Bill Payment, Money Order, E-Pay and more.
Website
https://www.armennazarian.com/
Opportunities for Growth
Current owner does not advertise…a new owner/operator with some creative advertising/marketing along with adding Translation Services, Western Union, ATM and Payday Loan, you have HUGE potential.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
200
Rent
$750.00 per month
About the Sale
Seller Motivation
Downsizing
Transition Support
Seller will Train
Financing Options
$360,000 with $300,000 down. 7% int., amortized over 24 months
Listing Info
ID
2317724
Listing Views
458

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2317724 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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