United Check Cashing On A Major Road
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $24000000
Net Profit / Cash Flow $165000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1997
Number of Employees 1 - 3
Inventory $25000 equipment only.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide a full due diligence and transitional period. Franchise training and support is also available.
Reason for Sale Retirement.
Description A United Check Cashing franchise business for sale, located in an attractive mall & main road of the Central - Southern area of New Jersey. United Check Cashing is a national corporation which was founded in 1977 and developed into a franchise in 1992. The Check Cashing industry offers an excellent service to a large portion of the general US population who do not have a banking relationship with local and major banks. This Business provides all types of cash transactions such as check cashing, money orders and transfers, Bill payments, Pre-Paid credit cards, Phone Cards, Tax Service, Western Union, Phone connection and much more. United franchise is a well established, trusted household name which provides full training and ongoing assistance to all its franchise business owners. This particular location is in a conveniently accessible commercial avenue and generates an annual gross income of $24 Million dollars. The check cashing license is supplied by the State of New Jersey and has a protected, limited territory for each business location. This is an excellent opportunity to own a stable franchise business in a great location! The facility consists of a total of 1,200 square feet in an attractive mall with ample mall parking. The business is in a commercial area with lots of businesses, employees and visitors who require this service. An existing lease with additional options for continuation is available for transfer.
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