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

Asking Price	$139,000	Inventory	$500*
Gross Income	$106,236	Real Estate
Cash Flow	$71,145	Year Established	2003
FF&E	$16,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This check cashing business has been generating steady income since its inception in 2003. It is located on a busy thoroughfare in the Sacramento area. The lease rate is very favorable @1.39 per s. f. currently and is remaining 4 more years plus 5-year options. In the first quarter of this year, the company has netted over $20,000 net income that translates to $80,000 estimated annualized net profit again for this year. There is room for possible expansions by adding mail box services, notary, and some vending machines, etc. The adjacent 8 acre property is under a development plan to be built for a 166 unit senior citizens apartment (3-2 to 4 story buildings), starting in March 2010 , the next year. This is a great investment opportunity and is simple to operate without worrying about shop lifting, heavy lifting or inventory spoilages/depletions, etc. By the way this is 6-day operation. Due to the owner s plans to move out of country, all that is for $139,000. For further information, Please contact: Sam Choi: @ 916-533-3633 or e-mail to siamchoi@sbcglobal.net

Facilities: $1.39 per sq. ft. lease rate and no NNN. 4 years left on the lease, plus 5 year option. 900 sq. ft. premises.

Support/Training: Training: 3 weeks @ 30 hours per week.

Reason Selling: Moving out of country