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BUSINESSES FOR SALE

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Businesses For Sale   >>   Texas Businesses For Sale Categories   >>   

Financial Service Centers / Master License

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $437000
Net Profit / Cash Flow  $175000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2004
Number of Employees  4 - 5
Inventory  Contact for details
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Full, Comprehensive training and ongoing support
Description  We are searching for a qualified business partner to lead unit development in Texas. Franchise fees and ongoing royalties would be divided between the corporate office and the master license holder. Projected profits from both revenue streams would be substantial. This is the closest thing to owning a neighborhood branch bank. We have a bank look and feel, and offer a full menu of financial services to the ''un-banked'' or ''under-banked'' customer, typically a middle-income (blue collar) working family. Services include check cashing, money orders, wire transfers, electronic bill payment, tax-preparation services, short-term loans, and a low to middle income mortgage program. We are located in attractive suburban strip centers close to the customer's home or work. The underlying business model is exceptional, providing good income and high return on investment. Our only inventory is cash, and we open and close our teller stations daily just like a bank. Many development options exist including: New stores, conversion units and ''store in a store'' kiosk concepts that can go inside of an existing business (convenience store, grocery store, tax prep office, etc.). Call Roy for details at: 860-675-5615 Asking $199,000
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