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- RE: Established Check Cashing
- Contact: Surendra Ghandi
Quick Facts
| Asking Price: | $120,000 | |
| Annual Revenue: | $213,404 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $107,064 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | 2 | |
| BBN Listing #: | 50382979 | |
| Broker Reference #: | 6326SG |
Business Overview:
Well-established, state-regulated, territory-protected franchised business located on a major arterial road with public transportation. Totally transparent and minimally labor-intensive business. Can be operated semi absentee. Superb franchise support. Decent hours of operation. In addition to the purchase price, this business requires liquidity of $150,000 (Proof of funds required). Owner’s compensation of $39,000 added back to the cash flow for an owner operator. Other income: Bad check recovery $22,052. ROI within two years.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Well-established business, same owner for 15 years, great location on a busy highway with public transportationMarket Competition and Expansion:
No competition, this is a state-regulated, territory-protected business. Significant expansion, increasing commercial account check chasing may increase revenueReason for Selling:
RetirementAdditional 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
Documents:
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