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Check Cashing

Maryland (Baltimore City County)

Retail - Miscellaneous Retail | Services - Finance, Banking, Loans & Leasing

Asking Price $195,000 Inventory  
Gross Income $5,835,106 Real Estate  
Cash Flow Not Disclosed Year Established 2002
FF&E N/A Employees 3 Part-Time

* included in the asking price

** not included in the asking price

Business Established 7 years, present owner Approx. 4 years. Located in small strip center across from post office. Lagre Vol. of Check Cahsing from Post Office. $40,000-$50,000 Working Captial required. Rent $2500 per month including pass throughs. Hours are 8AM-7PM 6 days a week. Closed on Sundays. Employees payroll is $39,400.

Facilities: Current Lease expires 12/31/2009 with (3) 5 yr options

Competition: None in immediate area

Growth/Expansion: Can open on Sundays

Financing: Possibility Seller will hold small note

Support/Training: 2-3 weeks no cost tp Buyer

Reason Selling: Retirement

Business For Sale By

Irv Kolodny

Eagle Commercial Realty

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