Price Reduced for Quick Sale Growing Check Cashing Bus in W Dallas needs Owner/Operator
West Dallas, Texas (Dallas County)
Financial - Banking Institutions
Asking Price:   $89,000Inventory:   
Gross Revenue:   $5,520,856Real Estate:   n/a
Cash Flow:   $65,936FF&E:   $10,000 ++
++ included in the asking price         ** not included in the asking price
A convenient Check Cashing Business located in the corner of a Coin Laundry. Services provided include: Western Union, Lotto, Phone Cards, Bill Paying, and Prepaid Cell Phone. Sales and Profits have increased every year since opening the business.
About the Business
Year Established:2000
Employees:0 full time - 0 part time
Facilities:80 sq. ft. bullet proof cage with 5’ 2 line window Lease is $ 800 a month including CAM. Current lease expires in March 2010 with a 5 year renewal option.
Market Outlook and Competition:Location and Word of Mouth bring customers in. Clients come from a 10 mile radius. 98% Checks, 1% Cash, 1% Lotto. Should continue to grow at current rate. A number of competitors in the area, but his sales and market share have continued to rise. Hours of Operation: Monday to Thursday 10:00 am to 7:00 pm, Friday 9:00 am to 8:00 pm, Saturday 9:00 am to 6:00 pm, closed Sunday.
About the Sale
Reason For Selling:Purchase larger business
Seller Financing:None

KEYWORDS: check cashing, bill payment, lotto, phone cards, cell phone


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Seller ID:506
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Business Listed By
Jerry Aris  |  Best Biz To Buy, LLC
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Industry: Financial
Segment: Banking Institutions

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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.