Check Cashing and Payday Loan business in NW FL Panhandle

Florida

Asking Price: $250,000
Business For Sale Details
Listed on Apr 30, 2025

Introducing an exceptional Check-cashing and financial services business in NW-Florida established in 1997 with current owner since 2002. This company provides services common in the check-cashing industry, catering to individuals seeking immediate access to funds from checks including Payroll, Tax-refunds, Insurance drafts and money transfers along with Payday Loans. Owned by a licensed professional with an established location on a main thoroughfare. Note: new operator will be required to have MSB licenses for Check Cashing as well as Payday Loans
Benefits include experienced knowledge of industry, instant market penetration, existing infrastructure, and steady cash flow. 16’ Van Body Billboard Truck with signage included.
Inventory of book of existing outstanding payday loans available for negotiation.
The business's established reputation, customer recognition, and local market knowledge further bolster the acquirer's competitive advantage.
Growth opportunities abound, and the groundwork laid by the business paves the way for easy expansion, diversification, and synergy creation.
In essence, this acquisition offers an industry player a comprehensive solution to fortify their position in the Check-cashing / Payday Loan sector, particularly within the NW Florida Panhandle region.

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Financials (USD)

Asking Price $250,000

Cash Flow $110,308

Sales $153,837

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? No

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? No

Relocatable? Yes

Real Estate? No

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