THE Business for Sale Marketplace

A successful Check Cashing business located in a commercial mall center of Central New Jersey. The facility is ultra modern with a bank like structure and is conveniently located on a high traffic county road. The Check cashing industry offers a valuable service to a large portion of the general US population who do not have a banking relationship with major banks. The Business provides all types of cash transactions such as check cashing, Western Union, money orders, bill payments, copies and faxes. The opportunity includes a valuable check cashing license, all equipment and a database with over 4,000 active customers. The check cashing license gives the owner a protected geographic location of approximately one mile by state law. Additionally, the NJ Bank Division has approved a bill permitting check cashers to increase the check cashing rate from 2% to 3% for 2010. The cost to startup a new check cashing business such as this one would be $150K with no customer base, therefore making this a great opportunity. The present owner is retiring after many successful years and will assist in training a new owner. The business has been approved for bank financing. Please contact our office for further information