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Profitable Independent Check Cashing & Payday Loans

  • Listing# : 15914
  • Listed Price : $180,000
  • Total Sales : $172,392
  • SIC : 6099
  • Down Payment : $180,000
  • Status : Active
  • Discretionary Earnings : $86,301

Business Type :

Financial Related / Check Cashing

Business Description :

Reason for Sale: Change in Career- Profitable Independent Check Cashing & Payday loan business. Full time Owner Operator makes $86k+. Fantastic location that supports check cashing and payday loans. $172k gross profit per year. Easy to run and seller will train. Franchise buildout but no franchise fees. Lease expires in 2023 but landlord will renew. Perfect opportunity to add on a second location or convert to a franchise concept. Seller does no marketing to help increase the sales volume. Many repeat loyal clients. 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $10,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $50,000
    • Incl : Yes
    • Total Assets $60,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Financial Related