Essex County Check Cashing II
| Asking Price: | $80,000 | Inventory: | |
| Gross Revenue: | $6,175,000 | Real Estate: | n/a |
| Cash Flow: | $67,884 | FF&E: | $75,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Situated in area that has just come through urban renewal – safest 2009 will be and of construction – business will rebound at that time also. Construction in area has lowered sales for past two years – all business should rebound September 2009. Plenty of parking municipal metered lot directly behind place good mix of commercial and industrial building in this blue collar area. Right off of 280. Room for added revenue and patronage. Prepaid phone cards, lottery, lock and keys. Plenty of other opportunities would go here as well. At present does money orders Western Union and bill payments. This listing ID# 3927 sold as a package deal with listing #3926 total selling price $250,000.00. For further information, please contact 908-851-9040 Ext. 285.
About the Business
Year Established:1991
Employees:1 full time -
Facilities:New owner can renew lease before purchase with extension of present 5 years – plenty of parking with municipal lot at rear – facility can do and is set up to do 3 times present volume.
Market Outlook and Competition:In this immediate area only check cashing with over abundance parking
About the Sale
Management Training and Support:Two weeks
Reason For Selling:Owner selling some of assets
Seller Financing:Owner prefers all cash
Sell Your Business | This listing has been viewed 190 times
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