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

Asking Price	$250,000	Inventory	$50,000**
Gross Income	$216,000	Real Estate
Cash Flow	$100,000	Year Established	1999
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 10 years and caringly attended by the owner. Very loyal clientele of many years. Franchised operation focusing on check cashing, payday advance loans, sale of money orders, wire transfers and bill payment. Located in a very safe area of Panorama City 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" Panorama City has been successful from the beginning. With the owner working full time and no employees, business nets in excess of $ 100,000. Nevertheless, the store can be operated with two part time employees and the owner only supervising 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 $ 50,000 payday advance receivables. Additional capital to operate the business, approximately $ 50,000. Store is open Monday through Thursdays from 10AM to 7PM. Fridays 9AM to 7PM. Saturdays from 9AM to 5PM. Closed on Sundays.

Facilities: 1412 sq.ft. store in Panorama City. Included in price computers, printers, copiers, ATM Machine. Panorama City store is located in a huge shopping center with Home Depot, Home Town Buffet, Ross, AMC Theathers among other tenants. Ample Parking.

Competition: Well known business established in the same location for 10 years with very loyal clientele. Cash Plus brand name brings new clients constantly from all over the USA

Growth/Expansion: Tremendous growth potential with many stores, banks, employment agencies and apartment projects around that are source of additional income. Also, because of the very large store, part of the lobby has been rented in the past for $1,000.00 per month to Tax Preparers, Insurance Agents, etc. that adds $ 12,000 to the yearly cash flow. Income Tax Returns filing. Cell phones sales. Notary Public 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