Check Cashing Services
Burlington County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$30,000 |
$53,040 |
$30,340 |
Furniture and Fixtures Value:
$5,000 (included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Business Summary:
This is a 28 year old well established business. The ideal location is most suited for this type of business. Plenty of free street parking affording easy access. Addition of services such as bill pay, money orders, and wire transfer will certainly augment the business. Affordable rent includes real estate and CAM charges. The owner’s salary added back to the profit. The data is annualized based on the performance of the last eight months when the current owner took over the business. This is a future United Check Cashing franchise location. Upon the completion of transaction between the parties, the buyer shall be contacted by United Check Cashing.
|
|
|
|
|
|
Year
Business was Established: 1986 |
|
|
Number of Employees:
1 |
|
|
|
Facilities / Terms of Lease:
Established check cashing business, plenty of free street parking, adding services such as money orders, wire transfers, bill pay can augment services. |
|
|
|
Potential
Growth/Expansion:
Huge |
|
|
|
Competition:
No wire transfers available, at any other check cashing facility in town, negligible competition. |
|
|
|
Owner
willing to train:
Two weeks |
|
|
|
Reason for selling:
other business interests |
|
|
|
REQUEST MORE INFO |
|
|