REAL ESTATE INCLUDED
El Paso County, TX
Rare opportunity to acquire a long-established Money Services Business / currency exchange with approximately 45 years of operating history and a highly strategic border-market location. The company...

REAL ESTATE INCLUDED
El Paso County, TX
Rare opportunity to acquire a long-established Money Services Business / currency exchange with approximately 45 years of operating history and a highly strategic border-market location. The company...
Cash Flow: $184,197
Miami-Dade County, FL
Established Pawn and Payday Loan Business - Miami-Dade County This well-established pawn and payday loan operation has served the Miami-Dade County community for nearly 30 years since 1995. The...
Cash Flow: $150,000

REAL ESTATE INCLUDED
Richmond, VA
This is a rare opportunity to purchase not only a long-established financial services business but also the commercial building it operates from. For more than 40 years, this location has served as a...
Cash Flow: $138,417

Fort Lauderdale, FL
Semi-Absentee Check Cashing Business for Sale Reason for Sale: Retirement- Semi-Absentee Opportunity to acquire an established check cashing franchise. The business provides essential neighborhood...
Cash Flow: $98,878
Green Acres, FL
Imagine walking into your own professional office space on one of Green Acres' busiest roads - this could be exactly what you've been looking for! This newly renovated office comes complete with a...
Lewisville, TX
Skagit County, WA
Macomb County, MI
Phoenix, AZ
Northampton County, PA
Available in Multiple Locations
Las Vegas, NV
Miami, FL
Hillsborough County, NH
Davie, FL
Fairfax County, VA
Juliet Carafello
First Choice Business Brokers of Manhattan
Serving Essex County, NJ
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
Wayne County, MI
Wayne County, MI
New Castle County, DE
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 10 |
| Asking Price | $360,000 |
| Reported Revenue | $350,000 |
| Reported Seller's Discretionary Earnings | $138,417 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $156,250 | $360,000 | $625,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Check Cashing Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $283,194 | $99,439 |
| Median | $350,000 | $138,417 |
| Upper Quartile | $1,481,235 | $225,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Check Cashing Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.25 | 1.25 |
| Median | 0.61 | 2.31 |
| Upper Quartile | 1.06 | 3.41 |
FAQ's
How much does it cost to buy a Check Cashing Business?
The median asking price for an established Check Cashing Business is $360,000, though prices range from under $156,250 to well over $625,000.
How much do Check Cashing Businesses owners earn?
The median reported revenue of Check Cashing Businesses is $350,000 and owners earn a median of $138,417, which includes the owners salary and any other financial benefits they receive.
How do I value a Check Cashing Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Check Cashing Businesses, revenue multiples range from 0.25 to 1.06, with a median of 0.61. Earning multiples range from 1.25 to 3.41, with the median at 2.31. This means the typical Check Cashing Business may ask for around 0.61 times its annual revenue, and 2.31 times its annual owner earnings.
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