Essex County Check Cashing
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $110,000 |
$5,410,000 |
$65,925 |
Furniture and Fixtures Value:
$75,000 (included in the asking price)
Business Summary:
Situated in the center of urban city with large population and to be in a mall close to area’s largest employer gives this check cashing facility an easy over its competition. Business was closed down for several months in 2008 for construction and audit, not it is taking off again. The area where this mall is located is a big blue collar – employer check paid clientele. This place can use several other customer draws such as lottery, phone cards and the like. At present does money orders, western union and bill payments. This listing ID #3926 is being sold as a package deal with listing #3927 total selling price is $250,000. Completely absentee run. For further information, please contact 908-851-9040 Ext. 285.
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| Year
Business was Established: 1995 |
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| Number of Employees:
1 |
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| Facilities / Terms of Lease:
Seller would obtain new lease for buyer everything in place for full service check cashing facility. This facility is located in large mall with plenty of parking. |
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| Potential
Growth/Expansion:
Getting lottery and other items that can increase sale and bring in more customers = more advertisement and promotions also help. |
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| Competition:
Since this is in a large mall with plenty of parking and being close to one of areas largest employers has enough going for it and has advantages of all competition in area. |
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| Owner
willing to finance:
All cash |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Owner selling some assets |
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| REQUEST MORE INFO |
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