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CG044 -South Wales-£90,000 -Cheque Cashing and Loans Company
| Asking Price: | $150,558 | Inventory: | |
| Gross Revenue: | $1,087,380 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Cheque Cashing and Loans Company
Ref.CG044
Location South Wales
Asking Price £90,000
The business was started in 2002 when the present owner purchased the franchise. The company offers a cheque cashing service, a pawn broking facility and also retails new, graded and used goods from its retail outlet.
Since its inception the business has built up a solid database of clients who use both the cheque cashing and loan facilities. They also operate a service offering an advance against salaries. In total the company has between five and six thousand users.
The trading policy is to take into stock anything that can be resold from TV’s, household goods and jewellery to car logbooks and recreational items such as bikes and golf clubs.
Ref.CG044
Location South Wales
Asking Price £90,000
The business was started in 2002 when the present owner purchased the franchise. The company offers a cheque cashing service, a pawn broking facility and also retails new, graded and used goods from its retail outlet.
Since its inception the business has built up a solid database of clients who use both the cheque cashing and loan facilities. They also operate a service offering an advance against salaries. In total the company has between five and six thousand users.
The trading policy is to take into stock anything that can be resold from TV’s, household goods and jewellery to car logbooks and recreational items such as bikes and golf clubs.
About the Business
Year Established:2002
Facilities:The company operates from leasehold highstreet premises that has a reatil show room and trading counter and a stock room to the rear of the premises. There is parking to the rear for three vehicles. The double fronted shop is privately owned. The vendor has a ten year lease of which four years remain. The annual rental is eighteen thousand pounds.
Market Outlook and Competition:The franchise website Local papers Yellow pages
About the Sale
Management Training and Support:There will be a full and professional handover for a period to be agreed as part of the overall sales negotiation.
Reason For Selling:The key director has decided to retire.
KEYWORDS: Cheque Cashing and Loans Company Ref.CG044 Location South Wales Asking Price £90,000
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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. Please review the full Disclaimer here.
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