17 Mar Check Cashing Store – Money Gram and Other Services
$300,000
This business provides check cashing, Money Gram, and other services.
The current owner has operated for the last 25 years.
*** The new owner must own a check-cashing business currently to be qualified to take over the check-cashing business bank account.
Revenue break-down: 70 % from check-cashing, 20% from MoneyGram, 10% from other services.
Check-cashing fee charged: 1.5%
Down Payment: $300,000
Total Sales: $325,000
Cash Flow: $160,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: N/A
Year Established: 1998
Days & Hours of Operation: 7 Days (Mon & Fri: 8am to 8pm) / (Tue / Wed / Thur: 8am to 7pm) / (Sat & Sun: 9am to 6pm)
Owner Hours Per Week: Absentee
Non-Owner Payroll: N/A
Employees: 3
Absentee Owner: Yes
Lease Option: Incl. NNN, 5 Years Option
Real Estate: N/A
Monthly Rent: $3,439
Square Footage: 1000
Reason For Sale:
Retire
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