Haledon Check Cashing

Passaic County , New Jersey

Business Summary: This well designed new cash checking facility is growing at a phenomenal pace. These July figures are over 500% better than last July's. 3 check cashing windows, 100 mailboxes in place to rent out. Besides income listed there is income from money grams, bill payers, fax, and copier sales of stamp returning in addition $4,000-$5,000 in profit. Mailboxes when rented out can bring an additional profit of $3,000 not shown. Many other possibilities of making extra cash exist. This business has no real competition within a large radius. Located next to 24 hr fast food chain. OWNER IS LOOKING FOR A FAST SHORT SALE! For further information, please contact Vito Mastromonaco at 908-851-9040, Ext. 285, 973-715-2257
Year Business was Established: 2011
Number of Employees: 2
Facilities / Terms of Lease: 1,000 sq. ft. facility with 3 windows parking for 8 cars all new equipment 12 years renewing on lease
Potential Growth/Expansion: Opening earlier to get the 8:00AM workers
Competition: No check cashing within one mile and a half of this location
Owner willing to finance: Owner would take $100,000 down and financing at a low rate to sell store
Owner willing to train: Two weeks
Reason for selling: Owner who has an educational background wants to reenter the education field