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

Asking Price	$660,000	Inventory	$70,000**
Gross Income	$325,000	Real Estate
Cash Flow	$205,000	Year Established	1998
FF&E	$35,000*	Employees	N/A

* included in the asking price

** not included in the asking price

Well known business with great reputation established in the same location for 11 years and caringly attended by the owner. Very loyal clientele of many years. Franchised operation focusing in check cashing, payday advance loans, sale of money orders, wire transfers and bill payment. Located in a very safe area of Canoga Park in the San Fernando Valley area. "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. "Cash Plus" Canoga Park has been successful from the beginning. Always supervised by the owner. With the owner working full time and no employees, business nets in excess of $ 205,000 per year. Nevertheless the business can be operated by one full time employee and one part time employee with the owner supervising the business twice 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 $ 70,000 in payday advance receivables. Additional capital to operate the business, approximately $ 70,000. Store is open Mondays through Thursdays from 10AM to 7PM. Fridays 9AM to 7PM Saturdays from 9AM to 5PM. Closed on Sundays. Please, qualified Buyers only. Buyer's financials needed before appointment to show.

Facilities: 1260 sq. ft. in Canoga Park shopping Center with Jack in the Box, Value Plus and Subway among tenants. Price includes computers, printers, copiers, ATM Machine. Ample Parking.

Competition: Location. Location. Location. Well known business established in the same prime location for 11 years in busy shopping center in Canoga Park in the San Fernando Valley area.

Growth/Expansion: Tremendous growth potential with many stores, banks, employment agencies and apartment projects around the area for added source of 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.

Financing: Some financing might be available

Support/Training: Franchisor will train for one week. Owner will train for 3 weeks.

Reason Selling: Moving out of area.