| Asking Price |
$180,000 | Inventory |
$20,000** |
|---|---|---|---|
| Gross Income |
$150,00 | Real Estate |
$100,000* |
| Cash Flow |
$97,000 | Year Established | 1982 |
| FF&E |
$80,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
Great business opportunity for a hungry aggressive person!!! This is an established Check Cashing Business with a 3,000 sq ft multi story building FOR SALE Business and Building (3,600 square foot building) This building is a former BANK with a Large Vault (Safe) about 500 square feet!!! It has 10 teller stations Currently does about $500,000 in checks a month and generates about $10,000 a month in Gross Profit (If you know anything about check cashing you can figure out how much net profit this business does) Very low operating costs, very profitable business!!! Plus generates additional revenues from - Novelty items like clothes, perfumes, electronics and related items - Small Cellular phone section with prepaid phones and accessories HERES THE REAL OPPORTUNITY IN HERE: There is 1500 sq ft upstairs that was office space years ago, if you remodel you can get 2 nice apartments out of it to rent out This is also a great location for Beer and Wine store if you wanted to You could also make it a pawn shop or Gold trade in shop (has a Bank Vault on main floor and large safe in Basement) Also plenty of room to do Tax Returns or rent out to Tax Return Company!!! The seller is motivated and burned out! Someone needs to come in with a fresh attitude and a desire to work and make some real money! Equipment includes camera surveillance system, check database system, large safe in basement, 500 SQ FT vault on main floor, lighted showcases Whats also nice is that there is a lot of room behind the bullet proof glass which makes it comfortable to work back there Im a broker for the owner, please feel free to call me with questions Fred 248-939-9399 Thank you
Facilities: Established Check Cashing business with Building for sale. This is a great opportunity for someone who has the capital!!!! 3,600 sq ft building and a check cashing business that has been there for over 25 years. Was a former bank, has a 500 sq ft vault with multiple small safes inside. Building has 1,800 sq ft upstairs that can be used for office space or apartment buildings.
Competition: The facility is 1,800 sq ft and less than half is currently being used. Has a huge vault, that is fully functional and five other safes in the vault as well as a safe in the basement of the building. Was a former bank, has thick bullet proof glass and 10 stations with bullet proof change trays for customer interaction.
Growth/Expansion: This is a great location in the city of Detroit, ideal for a additional services including, Gold exchange, tax preperation business, pawn shop, and maybe full scale celluar phone shop.
Financing: Will Finance only 25%
Support/Training: Seller and manager are available for training after the deal closes on a pay basis.
Reason Selling: Burned out after 17 years in the business

Fred Ayar
248-939-9399
Aspire Management Inc.
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