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  • RE:  Growing Philadelphia Check Cashing Store
  • Contact:  Tom Covello

Quick Facts

Asking Price: $240,000
Annual Revenue: $302,244
Net Profit: Not Disclosed
Cash Flow: $89,082
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 950179
Broker Reference #: 64646-371751

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Business Overview:

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.


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Property Features and Assets:

Monthly Rent:$2,500.00

Reason for Selling:

Other Business Interest

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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