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Check Cashing

New Jersey

Asking Price: Gross: Cash Flow:
$115,000 $177,959 $81,703

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Business Summary:
A well-established Franchise Check Cashing business, owned and operated by the same owner. On major road, serving a cosmopolitan community with parking on premises. In addition to the check cashing , also provides services such as gift cards, Bill Pay, Nexis Card, Net Spend, Wire Transfer, Gold Buying, Money Orders, faxes, envelopes, document copy and postage stamps. Which generate aggregate revenue of $47,959. The all inclusive affordable rent is a plus. this business requires a liquidity of $250,000 plus purchase price. Proof funds required. Adding currency exchange and notary service can increase revenue. Itemized Income: Check Cashing - $130,000; Aggregate Income of $47,959 from other services.

 
   
   
Year Business was Established: 14
   
Number of Employees: 1 F/T 1 P/T  
   
Potential Growth/Expansion: Good  
   
Competition: Usual  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Retirement  
 

 

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