Established Check Cashing Business - 18106 Business Type: owner financing available,banking, lending, and finance,absentee business,vending machines,misc. retail/non-classifiable,other business services,misc. service/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $115,000 | Down Payment | $115,000 |
| Gross Revenues | $180,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $90,926 | Number of FT Employees | Register Free to View |
Financing
$115,000 Down and Cash
Business Description
Check Cashing established in 1991 is at the intersection of two major road. Gross revenue is $180k, net profit after mainline expenses (including payroll and bad checks) is $90k. This business has long time, loyal customers known on a first name basis. CC is well known and well respected in the community. Services include check cashing, MD Lottery, Western Union wire transfers and money orders, bill payments, prepaid international and wireless phone cards. Lots of untapped potential! Space in lobby can be rented to a two person business / kiosk (taxes / insurance ideal), currently not taking personal checks or giving loans. Great buy for $115,000.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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