Money Service Business
Business Description
Finance business for sale
Established Money Service Business - Profitable Financial Services Operation
This well-established financial services business has been serving the Paso Robles community since 2007, generating strong annual revenue of $870,000. Located in a high-traffic area with excellent visibility, this one-stop financial services center offers comprehensive solutions including check cashing, money orders, remittances, mobile top-ups, bill pay services, plus retail items and phone sales.
Business Highlights:
• 17 years of continuous operation with established customer base
• High customer loyalty and repeat business
• Strategic location with heavy foot traffic and visibility
• Diversified revenue streams across multiple financial services
• Profitable operation with streamlined processes
• Inventory included in sale
The business operates from a well-positioned 1,500 sq ft facility with a monthly lease of $3,120. With 3 employees managing daily operations, this business offers an excellent opportunity for hands-on ownership or expansion.
Growth opportunities include exploring cryptocurrency-based remittance systems and expanding service offerings. The retiring owner will provide one month of exclusive training to ensure smooth transition.
This turnkey operation represents an ideal investment for someone seeking an established business in the growing financial services sector with multiple revenue streams and strong community presence.
Asking Price: $399,000 or your best offer will be taken into consideration.
Annual Revenue: $870,000
Cash Flow: $70,000
This well-established financial services business has been serving the Paso Robles community since 2007, generating strong annual revenue of $870,000. Located in a high-traffic area with excellent visibility, this one-stop financial services center offers comprehensive solutions including check cashing, money orders, remittances, mobile top-ups, bill pay services, plus retail items and phone sales.
Business Highlights:
• 17 years of continuous operation with established customer base
• High customer loyalty and repeat business
• Strategic location with heavy foot traffic and visibility
• Diversified revenue streams across multiple financial services
• Profitable operation with streamlined processes
• Inventory included in sale
The business operates from a well-positioned 1,500 sq ft facility with a monthly lease of $3,120. With 3 employees managing daily operations, this business offers an excellent opportunity for hands-on ownership or expansion.
Growth opportunities include exploring cryptocurrency-based remittance systems and expanding service offerings. The retiring owner will provide one month of exclusive training to ensure smooth transition.
This turnkey operation represents an ideal investment for someone seeking an established business in the growing financial services sector with multiple revenue streams and strong community presence.
Asking Price: $399,000 or your best offer will be taken into consideration.
Annual Revenue: $870,000
Cash Flow: $70,000
About the Business
- Years in Operation
- 18
- Employees
- 3
- Facilities & Assets
- Included with the business will be the all inventory and computers W/ software provided by vendors.
- Market Outlook / Competition
- Business is in a busy location and has a ton of walking traffic visibility, and an even further higher loyal customer return rate. Its a one stop shop for customers to come in and get there financial services out of the way, check casher services, Money orders, a variety of Remittances companies, Mobile top ups, Bill pay, snacks, phone sales, and other items.
- Opportunities for Growth
- A new investor can look to invest in creating a new remittance system based on cryptocurrency for individuals.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $3,120.00 per month
About the Sale
- Seller Motivation
- Owner is Retiring
- Transition Support
- 1 Month of exclusive training.
Listing Info
- ID
- 2378761
- Listing Views
- 1274
Listing ID: 2378761 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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