Return to search results

Established Check Cashing

Middlesex County, NJ

Established Check Cashing
Contact Seller

Asking Price: $120,000

Cash Flow: $107,064

Gross Revenue: $213,404

EBITDA: N/A

FF&E: $30,000

Inventory: N/A

Rent: $3,469 /Month

Established: 2004

Established Check Cashing

Save Print Share Valuation Report

Business Description

Well-established, state-regulated, territory-protected franchised business located on a major arterial road with public transportation. Totally transparent and minimally labor-intensive business. Can be operated semi absentee. Superb franchise support. Decent hours of operation. In addition to the purchase price, this business requires liquidity of $150,000 (Proof of funds required). Owner’s compensation of $39,000 added back to the cash flow for an owner operator. Other income: Bad check recovery $22,052. ROI within two years.

Detailed Information

Location:
Middlesex County, NJ
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
1 PT 1 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well-established business, same owner for 15 years, great location on a busy highway with public transportation
Competition:
None, this is a state-regulated, territory-protected business
Growth & Expansion:
Significant, increasing commercial account check cashing can increase revenue
Support & Training:
2 weeks
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

SURENDRA GANDHI

Business Listed By:
SURENDRA GANDHI

Executive Business Brokers

Show Phone Number

View My Listings


Sponsoring Broker:
Larry Bodner

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1595988 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


ATC Healthcare Services

Franchise Opportunity In NJ
Capital Required: $132,020