Profitable Check Cashing Services

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Successful & Stable | Attractively Priced | No Experience Required
Asking Price:
$190,000

Gross Revenue:
$212,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This professional franchise check cashing business is very attractively priced.

It is the closest thing to having your own neighborhood branch bank. It has a bank look and feel, and offers a full menu of financial services to the "un-banked" or "under-banked" customer. Services include check cashing, money orders, wire transfer, electronic bill payment, gold, and gift-card buyback program.

This professionally run store has a profit margin close to 50%, being offered at a very attractive price.

Have a 401k or IRA? Use it to buy this business with NO tax penalties.

Take advantage of the Seller's successful track record, web presence, advertising, social media, and local marketing. And enjoy the franchisor's wealth of proven marketing resources, marketing knowledge, operating systems and support.

About the Business

Number of Employees:
1
Franchise:
Yes
Facilities:
The store has the look and feel of a bank.
Market Outlook/
Competition:
The store is strategically located for maximum exposure. Well-established and loyal customer base.
Growth & Expansion:
Unlike many other industry categories, the economic climate is conducive to this business that provides a full menu of financial services to the "un-banked" or "under-banked" customer.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Training and ongoing support via regularly scheduled site evaluations (minimum 2 per year). Conference calls. Newsletters. Franchise conventions. Operations staff available during normal business hours

Listing Info

ID:
1457195
Ad Detail Views:
2015

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$
months
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Business Listed by

F. Steven Schneider

FranchiseUSA.Net
License# SL3366177

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U.S. Census Data for New Haven County, CT
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for New Haven County, CT
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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Report an Issue 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. See our full Terms & Conditions.
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