Check Cashing Store For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $103943
Net Profit / Cash Flow $20000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 1 - 3
Inventory 30000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training for 2 weeks at 20 hours / week.
Reason for Sale Other investment demands.
Description Money Store Make money on money!!! Well established (17 years in same location) Check Cashing store in the San Fernando Valley also sells many ancillary services such as money orders, Western Union money transfer, bill payment, ATM machine access, prepay phone and credit cards, Pay Day Loan, and more. The location is excellent. First rate building improvements were recently made which include major security features. The facilities are very clean and professional. Company needs a full time owner presence to increase sales and profit. Although current owner originally started this store, it has been absentee for 5 years and that has hampered profitability as well as causing lower sales. This business is priced aggressively with the sales price less than the gross profits received. Money sells!!! This is an easy company to run but must be managed with proprietary attitude, encouraging the customer to consider all products that the location can offer. Current owner can not manage the store personally and realizes that it is necessary to improve sales so he wants to sell. Write your own ticket with this company. The harder you work, the more you will make. Seller's Discretionary Earnings Assumes owner/operator with no employees. For more information, please email or call Roger Civalleri at (310) 539-8300.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
