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Pay Day Loan & Financial Services

Rancho Cucamonga, California (San Bernardino County)

Services - Finance, Banking, Loans & Leasing | Services - Other Business Services

Asking Price $225,000 Inventory $85,000* 
Gross Income $100,000 Real Estate  
Cash Flow Not Disclosed Year Established 2008
FF&E $65,000* Employees 1

* included in the asking price

** not included in the asking price

The business is a payday loan, check cashing and associated financial services business that was started in May of 2008. The business is fully licensed and operates from a 1500 sq ft facility in an excellent location in the Inland Empire. The facility is fully equipped with a dispensing safe, security shielding, and state of the art, upscale software for operating the business. In addition there is enough equipment to open two satellite locations. It is an owner operated business and it can be operated with a single employee for an absentee owner. The business is growing steadily and is now positive on a monthly basis with respect to Seller s Discretionary Earnings. The sale price includes all assets, including cash and receivables of about $90,000, and FFE and leasehold improvements of about $130,000. This is a turn- key business and a great opportunity to enter the financial services business sector with significant growth opportunities. A partnership dissolution and non-resident ownership are the reasons for this sale.

Facilities: 1,200 sq ft at $2,137/month

Support/Training: 2 weeks at 20 hours per week

Reason Selling: Partnership Dissolution

Business For Sale By

Ron Varner

310-200-5680

BusinessQuest

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