Check Cashing Business
Not Disclosed, MI Wayne County
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- RE: Check Cashing Business
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $360,000 | |
| Annual Revenue: | $3,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 2 | |
| BBN Listing #: | 982929 | |
| Broker Reference #: | 0677 |
Business Overview:
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
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Property Features and 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.
Market Competition and Expansion:
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.
Reason for Selling:
DownsizingAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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- Find a business broker
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