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Pay Day Loan & Financial Services
| Asking Price: | $250,002 | Inventory: | $85,000 ++ |
| Gross Revenue: | $100,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | $65,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The business is a payday loan, check cashing and associated financial services business that was started in May of 2008. The business is fully licensed and operates from a 1500 sq ft facility in an excellent location in the Inland Empire. The facility is fully equipped with a dispensing safe, security shielding, and state of the art, upscale software for operating the business. In addition there is enough equipment to open two satellite locations. It is an owner operated business and it can be operated with a single employee for an absentee owner. The business is growing steadily and is now positive on a monthly basis with respect to Seller’s Discretionary Earnings. The sale price includes all assets, including cash and receivables of about $90,000, and FFE and leasehold improvements of about $130,000. This is a turn- key business and a great opportunity to enter the financial services business sector with significant growth opportunities. A partnership dissolution and non-resident ownership are the reasons for this sale.
About the Business
Year Established:2008
Employees:1 full time -
Facilities:1,200 sq ft at $2,137/month
About the Sale
Management Training and Support:2 weeks at 20 hours per week
Reason For Selling:Parntership Dissolution
KEYWORDS: california, southern california, inland empire, san bernardino county, rancho cucamonga, finance, pay day, loan, loans, payday, check cashing, financial, financial services
Sell Your Business | This listing has been viewed 103 times
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Industry: Financial
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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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