Services - Finance, Banking, Loans & Leasing

Asking Price	$190,000	Inventory	$52,000**
Gross Income	$186,000	Real Estate
Cash Flow	$101,000	Year Established	1998
FF&E	$35,000*	Employees	1 Part Time

* included in the asking price

** not included in the asking price

Well known business located in beautiful San Diego, caringly attended by the owner and just reduced $ 10,000 on 09/15/09. Very loyal clientele of many years. Franchised operation focusing on check cashing, payday advance loans, sale of money orders, wire transfers and bill payment. Great location in regional shopping center in a very safe area of San Diego. "Cash Plus" the Franchisor is very active and accessible always helping and innovating to increase business operations and profitability for their 65 Plus Franchisees all over the USA. With owner working and one part time employee business will net in excess of $ 95,000 per year. Nevertheless, the business could be operated with two part time employees and the owner only supervising two or three times a week for a few hours each time. Ideal business with no inventories to liquidate at the end of the year or spoiled food at the end of the day. Price does not include approximately $52,000 in accounts receivable (payday loans). Additional capital needed to operate the business, approximately $ 50,000. Store is open Mondays through Fridays from 10AM to 7PM. Saturdays from 10AM to 5PM. Closed on Sundays. Please, qualified Buyers only. Buyers financials needed before appointment to show.

Facilities: 1000 sq.ft. of space in very busy shopping center with Keil's, Home Town Buffet, McDonalds, Carl's Jr. Rite Aid among tenants, Ample parking.Computers, Printers, Copier, Fax Machine, Desks, Filing Cabinets and Fixtures included in purchase price.

Competition: Location. Location. Location. Well known business established in the same busy shopping center for 11 years. Steady and loyal clientele. Other store close by cashing checks and payday advance loans but Cash Plus store and brand name brings new clients from all over the USA

Growth/Expansion: Tremendous growth potential with many stores, banks, employment agencies and apartment projects around the area that are constant source of new clients that bring additional income from check cashing, payday advance loans, sale of money orders, wire transfers and bill payments. Tax return filings, Cell phone sales, Public notary services could be explored for extra income.

Support/Training: Franchisor will train for a week. Owner will train for 3 weeks Some financing might be available

Reason Selling: Retirement