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Multiple Check Cashing Locations For Sale

Philadelphia County, PA

Seller Financing Available
Multiple (3) Check Cash For Sale
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Asking Price: $249,000

Cash Flow: $155,000

Gross Revenue: $445,000

EBITDA: $155,000

FF&E: $15,000

Inventory: N/A

Rent: $4,500 /Month

Established: 2010

Multiple Check Cashing Locations For Sale

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Business Description

A fully equipped, turnkey opportunity to purchase 3 check cashing businesses has come to market. These check cashing agencies have been servicing the areas and have an established customer base. Located in a high traffic area in densely populated sections of Philadelphia and West Chester County, PA. These niche businesses have developed large commercial customer bases of reliable, repeatable customers. The businesses operate as a franchise of a very successful Franchisor which offers a full array of financial services and is committed to raising the standard for alternative financial service providers both for product offerings and the way they are delivered to the market. The businesses provide in place software, ambience and professionalism of a traditional bank. Fully automated systems that keep the average transaction time to just a few minutes, allows customers to have all their financial needs taken care of conveniently and efficiently, in an environment that is upbeat, professional and friendly. This opportunity is priced below market and will go quickly.

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Detailed Information

Location:
Philadelphia County, PA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
8/1/2025
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3 Separate check cashing businesses located in highly densely polpulated sections of Philadelphia and West Chester.
Financing:
Negotiable
Support & Training:
As needed to assist in transition.
Reason for Selling:
Illness in Family
Franchise:
This business is an established franchise
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Stan Rubinstein

Business Listed By:
Stan Rubinstein

Philly Business Advisor

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