Established Check Cashing
Middlesex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $120,000 |
$213,404 |
$107,064 |
Furniture and Fixtures Value:
$30,000 (included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Business Summary:
Well-established, state-regulated, territory-protected franchised business located on a major arterial road with public transportation. Totally transparent and minimally labor-intensive business. Can be operated semi absentee. Superb franchise support. Decent hours of operation. In addition to the purchase price, this business requires liquidity of $150,000 (Proof of funds required). Owner’s compensation of $39,000 added back to the cash flow for an owner operator. Other income: Bad check recovery $22,052. ROI within two years.
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| Year
Business was Established: 2004 |
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| Number of Employees:
1PT/1FT |
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| Facilities / Terms of Lease:
Well-established business, same owner for 15 years, great location on a busy highway with public transportation |
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| Potential
Growth/Expansion:
Significant, increasing commercial account check cashing can increase revenue |
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| Competition:
None, this is a state-regulated, territory-protected business |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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