Check Cashing Store
This is a rare opportunity to purchase not only a long-established financial services business but also the commercial building it operates from. For more than 40 years, this location has served as a trusted one-stop shop for check cashing, reloadable prepaid Visa cards, lottery sales, bill pay services, money orders, stamps, faxes, and copies. With steady revenue streams, a loyal customer base, and very little competition in the area, this turnkey package offers both a proven business and the security of owning the real estate.
This is a seller-owned location of 1,792 square feet. Property is valued at $305,000 and is included in the business asking price. The seller is active in the business. Hours of operation are Mon - Thur 9-6, Fri 9-7, Sat 9-4, Monday-Saturday. $5,000 in FF&E included in the asking price. Need to register with FINCEN.
Financials (USD)
Asking Price $700,000
Cash Flow $138,417
Sales $257,502
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? Yes
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