Growing Philadelphia Check Cashing Store- Prime Location!

Asking Price$240,000

Cash Flow
$89,082
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$302,244

InventoryNot Disclosed

FF&ENot Disclosed

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Growing Philadelphia Check Cashing Store- Prime Location!


Asking Price$240,000

Cash Flow
$89,082
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$302,244

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This store, part of the most respected franchise in the industry, is growing and on pace to do over $18m in check cashing volume this year. In addition, the business has multiple other revenue streams. The location on the southern side of Philly is perfect as new businesses are opening all the time right around the corner in this booming marketplace. The store currently has three employees and offers plenty of floor space which allows them to house four PA Skill machines and provides the owner with substantial additional income. The property is currently not for sale, but the purchaser of the business will get first right of refusal to purchase the real estate at fair market value when it goes on the market. Please keep in mind this opportunity is not SBA eligible and the buyer will need approximately $100k in cash inventory to start operations.

Please put an inquiry in or email Tom Covello at tcovello@tworld.com to receive the NDA and further information.
About the Business
Number of Employees
2
Franchise
This business is an established franchise
Real Estate
Owned or Leased
Leased
Rent
Not Disclosed
About the Sale
Seller Motivation
Other Business Interest
Transition Support
# of Weeks Seller Will Offer Training: 2
Listing Info
ID
2261303
Listing Views
668

Contact Seller

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Business Listed by: Tom Covello Transworld Business Advisors of Philadelphia Main Line & South Jersey

Listing ID: 2261303 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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