4 Profitable Check Cashing Locations
Location Virginia,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $60000000
Net Profit / Cash Flow $36000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Description Opportunity to buy business with 4 profitable check cashing locations. 4 ~ 5 million in check cashing volume.
Asking Price $1,300,000.00
Revenues $600,000.00
Cash Flow $360,000.00
Revenue Notes Additional $250,000 in title loan sales.
Lease 3 of 4 properties owned.
Reason for Selling Retiring from check cashing industry.
Payroll $10,000 / mo.
Utilities $1,600 / mo. for phone, internet, electricity, etc
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