Tobacco and Money Services Business Fairfax County, VA

Asking Price$750,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,037,033

Inventory$120,000
Included in asking price
FF&E$13,000
Included in asking price
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Tobacco and Money Services Business Fairfax County, VA


Asking Price$750,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,037,033

Inventory$120,000
Included in asking price
FF&E$13,000
Included in asking price

Seller Financing Available
Business Description
In 2002 the Company began operations as a retail cigar and tobacco business, and has built a loyal customer base and a reputation for quality and service.  In 2004,  the owners strategically diversified by adding Money Service Business (MSB) operations, transforming the Company into a dual-revenue enterprise that has now operated continuously for over two decades.

The MSB division provides a suite of essential, non-bank financial services, including money transmission, check cashing, and money order sales. The business is an important community asset and fills a critical need for individuals and businesses in communities that are often un-banked, positioning the Company as a vital access point for financial inclusion in its market. The business closely adheres to regulations regarding anti-money laundering (AML) and counterterrorist financing statutes, reflecting an established and compliant operating infrastructure that represents significant value to a prospective buyer.

The combination of a long-standing retail tobacco operation and a recurring revenue financial services division gives the Company a diversified income base, entrenched community relationships, and a proven, resilient business model spanning nearly a quarter century.
About the Business
Employees
6 (4 Full-time, 2 Part-time)
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$5,300 per month
About the Sale
Seller Motivation
retirement
Transition Support
2 weeks
Financing Options
Owner Financing Amount $130,000.00 Owner Financing Interest 6%
Listing Info
ID
2539436
Listing Views

Listing ID: 2539436 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.


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