Established and Profitable Check Cashing Business

Asking Price$450,000

Cash Flow
$172,743
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$312,348

InventoryNot Disclosed

FF&E$25,000
Included in asking price
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Established and Profitable Check Cashing Business


Asking Price$450,000

Cash Flow
$172,743
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$312,348

InventoryNot Disclosed

FF&E$25,000
Included in asking price
Business Description
Located in a high-traffic corridor in Central Broward, this established check cashing and financial services business offers a profitable, recession-resistant opportunity for a hands-on owner. In operation for over 20 years, it has built a loyal customer base by providing dependable services including check cashing, money orders, bill payment, and other financial solutions.The business sits on the corner of a major road with hundreds of thousands of cars passing monthly and is surrounded by residential neighborhoods, retail centers, and businesses. Hundreds of new apartment units are currently under construction nearby, further boosting future growth.

Financial performance is strong, with 2024 Owner Benefit of $172k on sales of $313k. Rent is just $3,000 per month for an 800 sq. ft. location and includes electric and water. The seller will provide training, and two experienced clerks are willing to stay on.With a prime location, low overhead, and opportunities to add services such as payday loans, ATM placement, or money transfer partnerships, this is a turnkey business with proven demand and clear growth potential in the thriving South Florida market.

Check Cashing Experience necessary.
About the Business
Years in Operation
21
Employees
2 (2 Full-time)
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
800
Rent
$3,000.00 per month
Lease Expiration
12/31/2030
About the Sale
Seller Motivation
Retirement
Transition Support
4 weeks no cost
Listing Info
ID
2421890
Listing Views
23

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Business Listed by: Russell Cohen South Florida M&A Advisors, Inc.

Listing ID: 2421890 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 of Use. Learn how to avoid scams.