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United Check Cashing on a Major Road
| Asking Price: | $450,000 | Inventory: | $1,500 ** |
| Gross Revenue: | $24,000,000 | Real Estate: | n/a |
| Cash Flow: | $165,000 | FF&E: | $25,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
A United Check Cashing franchise business located in an attractive mall & main road of the Central - Southern area of New Jersey. United Check Cashing is a national corporation which was founded in 1977 and developed into a franchise in 1992. The Check Cashing industry offers an excellent service to a large portion of the general US population who do not have a banking relationship with local and major banks. This Business provides all types of cash transactions such as check cashing, money orders and transfers, Bill payments, Pre-Paid credit cards, Phone Cards, Tax Service, Western Union, Phone connection and much more. United franchise is a well established, trusted household name which provides full training and ongoing assistance to all its franchise business owners. This particular location is in a conveniently accessible commercial avenue and generates an annual gross income of $24 Million dollars. The check cashing license is supplied by the State of New Jersey and has a protected, limited territory for each business location. This is an excellent opportunity to own a stable franchise business in a great location!
About the Business
Year Established:1997
Employees:3 full time -
Franchise:Yes
Facilities:The facility consists of a total of 1,200 square feet in an attractive mall with ample mall parking. The business is in a commercial area with lots of businesses, employees and visitors who require this service. An existing lease with additional options for continuation is available for transfer.
Market Outlook and Competition:No other Check Cashing businesses are located in this particular area. This business requires an active marketing and advertising plan in order to progress. The present owner does not have an updated advertising budget in place.
About the Sale
Management Training and Support:Seller will provide a full due diligence and transitional period. Franchise training and support is also available.
Reason For Selling:Retirement
Seller Financing:Financing has been preliminarily approved for a qualified purchaser.
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Current Search
Industry: Financial
Segment: Banking Institutions Next Listing: Price Reduced for Quick Sale Growing Check Cashing Bus in W Dallas needs Owner/Operator
Last Viewed: 7305 (A) Gas Station/Convenience Store
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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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