Profitable Check Cashing Franchise in Broward County

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Asking Price:
$499,000

Gross Revenue:
$1,397,762
Cash Flow:
$156,527
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$41,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Reason for Sale: Retirement- Profitable Check Cashing Franchise in Broward County. Established in 2005 as one of the top ten stores in the franchise system. Prime retail location with excellent access & signage. Ample Parking. Impeccable interior with all equipment meeting franchise standards. Full service check cashing/financial services store (revenues don't include payday loan revenues). Experienced Staff will support new ownership. $23 million cashed checks yearly with year over year track record. Perfect books & records that match tax returns and POS System and the franchisor's accounting. All buyers must show proof of funds before executive summary is released. No Exceptions!

About the Business

Year Established:
2005
Number of Employees:
4 FT/2 PT
Franchise:
Yes
Facilities:
Free Standing Building- Rent $7107/month-Lease Expires 2/28/2020 - 2500 Sq Ft - Renewal 5 year option.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Will train for 4 weeks @ $0 cost.

Listing Info

ID:
1486308
Ad Detail Views:
804

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months
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Business Listed by

Russell Cohen

Murphy Business & Financial Corporation

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Certifications:
U.S. Census Data for Broward County, FL
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 Broward County, FL
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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