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Established Check Cashing Business
Montgomery County, MD |
Listing #18106 |
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| Financial Information (non-confidential) |
| Asking Price |
$115,000.00 |
Gross Revenues |
$180,000.00 |
| Down Payment |
$115,000.00 |
Owner’s Cash Flow |
$90,926.00 |
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Financing: $115,000.00 Down and Cash
Reason for Selling: Cashing out for investment in a new opportunity
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.
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Vested Corporate
Senior Business Broker
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Servicing Area:
This Broker is Servicing All of States
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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 |
