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Check Cashing and Variety Store
Philadelphia County, PA |
Listing #14246 |
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| Financial Information (non-confidential) |
| Asking Price |
$420,000.00 |
Gross Revenues |
$528,878.00 |
| Down Payment |
$300,000.00 |
Owner’s Cash Flow |
$200,268.00 |
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Financing: $300,000.00 Down and 120,000 @ 8.5% X 36 months
Reason for Selling:owner is relocating
Super well established (20 years) Check cashing (70%) / convenience Store (Cigarettes 30%) now available, get dialed into a very busy local community and profit from check cashing fees and fees for other services like, Western Union wire transfers, Money orders, bill payments, cell phones and wireless internet offerings and more. Profit in the C store from high cigarettes sales (with higher than average margins) and many other more profitable items. Long term assignable lease available. relocating owner forced to sell... Systems in place to continue strength with present owner ideas for further growth ready to share Present owner has been there for 3 plus years and is only selling due to family pressure to move. Real Property may be available to right buyer for right price - Real property sale handled by owner.
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David Bock
Senior Business Broker
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Servicing Area:
Montgomery County, PA
Bucks County, PA
Camden County, NJ
New Castle County, DE
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
