| Asking Price |
$1,000,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$984,000 | Real Estate |
|
| Cash Flow |
$420,000 | Year Established | 1985 |
| FF&E |
N/A | Employees | 11 |
* included in the asking price
** not included in the asking price
This business specializes in cashing payroll checks for employees onsite at the company location. They have 8 fully secure and custom made vans that travel mostly throughout Southern California. By prior arrangement witht he company, a van is dispersed to aparticular company on the company grounds. The employees meet the truck at a pre designated time and day and cash their payroll checks. The business operates mostly on Thursday and Friday. On Monday all the reconcilliation of the checks is done. The other days are part time except Sunday is closed. Also included in the price are two stand alone traditional check cashing facilities. This business has great books and the seller is an accountant.
Facilities: Two free standing fully equipped traditional check cashing locations in LA county
Competition: Lots of room for expansion of the mobile check cashing service to just about anywhere. There are currently50+ accounts which have been with the company for many years. The employees are fully trained and also have been with this company many years.
Support/Training: 24 weeks
Reason Selling: Spend more time with family

Neil Kaplan
5624022686
VR Business Brokers/DAP Business Services
To inquire about this business for sale, click the Reply button below


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 & conditions before responding to any ad.

