Lucrative Check Cashing Business

Sale Pending

Asking Price$2,200,000

Cash Flow
$708,284
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,168,760

InventoryNot Disclosed

FF&E$7,500
Included in asking price
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Lucrative Check Cashing Business


Sale Pending

Asking Price$2,200,000

Cash Flow
$708,284
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,168,760

InventoryNot Disclosed

FF&E$7,500
Included in asking price

Seller Financing Available
Business Description
This check cashing business is a long-standing and trusted service provider in the community, ideally situated in a high-traffic area with affordable rent and consistent revenue. The excellent service offered has built a loyal customer base, leading to frequent referrals from neighbors, friends, and colleagues, which in turn attracts new customers. The business is currently owner-operated, and the owner is willing to provide training to the new owner. The location also offers room for expansion, allowing for the addition of new services or merchandise. There are several opportunities for further growth. The customer base primarily consists of local workers and residents who receive regular paychecks and rely on a convenient and dependable way to access their funds. A potential buyer should be prepared to either manage the shop personally or hire staff to operate it under supervision. This acquisition will require the buyer to obtain Money Services Business (MSB) financing and banking to include sufficient working capital.
About the Business
Years in Operation
18
Number of Employees
2
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2338328
Listing Views
2679
Attached DocumentsAttachment Disclaimer

1124_Lucrative_Check_Cashing_Business_Summary.pdf


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Business Listed by: Rob Amerine The FBB Group, Ltd.

Listing ID: 2338328 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.