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Businesses For Sale > Business For Sale in North Lauderdale, Florida (FL)

Check Cashing/Payday Loan Store for sale in North Lauderdale, FL

North Lauderdale, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 29,000 $ 4,000,000 $ 46,000

Furniture and Fixtures Value:
$ 40,000 (included in the asking price)

Inventory Value:
$ 14,000 (not included in the asking price)

Business Summary:
EXCELLENT OPPORTUNITY; ESTABLISHED FRANCHISED CHECK CASHING STORE, SERVICES INCLUDE CHECK CASHING, PAYDAY LOANS, BILL PAY, WESTERN UNION, MONEY ORDERS, ATM, BUS PASSES, PHONE CARDS, ROOM TO EXPAND. LOCATED IN NORTH LAUDERDALE, OPERATING OVER 8 YEARS, DOES APPROXIMATELY $4,000,000 YEARLY REVENUE, NETS $46,000 BEFORE SALARIES, OVER $40,000 IN BUILDOUTS AND FURNISHINGS, NO FRANCHISE TRANSFER FEE, RENT $2000 PER MONTH. OWNER RELOCATING, $29,000 (NOT INCLUDING RECEIVABLES), A NEW FRANCHISE SIMILAR TO THIS WILL COST $212,000+ TO OPEN; SERIOUS QUALIFIED BUYERS ONLY. WILL COOPERATE WITH A BROKER.

 

   
Year Business was Established: 2002
   
Number of Employees: 1FT/1PT  
   
Facilities / Terms of Lease: 1800 SF, $2000 per month, 3 years remaining  
   
Potential Growth/Expansion: Additional services, increased advertising  
   
Competition: 3 miles, payday loan, check cashing  
   
Owner willing to train: 2 weeks on site, franchise also provides training  
   
Reason for selling: Absentee owner, relocating  
   
Seller Reference Number: bm1346391278
BusinessMart.com Listing Number: 90128
 

 

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For more info contact:

954 822-7696
Jerry Belvsio

CONTACT SELLER

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