Check Cashing and Financial Services Franchise - priced to sell

Hartford, CT (Hartford County)

Check Cashing and Financial Services Franchise - priced to sell
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Asking Price: Get Financing: $100,000

Cash Flow: N/A

Gross Revenue: N/A



Inventory: N/A

Established: 1991

Check Cashing and Financial Services Franchise - priced to sell

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Business Description

Get the feel of a neighborhood bank branch that services those with no banking relationships - industry stats show that applies to over 60% of the US population. These are both individual customers and small local service businesses - landscapers, handymen, masons, etc. Services include check cashing, money orders, wire transfers, utility bill payments, tax prep services, low to middle income mortgage programs and much more. The new owner will also need about $100,000 in working capital which is cash inventory to cash checks. This is not investment money but used as working capital that flows out and back in weekly. This is an excellent opportunity for someone who wants a business that can be run absentee with a general manager (multiple locations) or an owner operator.

Detailed Information

1800 square foot fully equipped retail location that will need some updating. Based on the business model there is no limit to the volume that can be done at a location.
Support & Training:
The new owner/franchisee will receive full and complete franchise training that will be provided at both the corporate headquarters - in the northeast -as well as in the Hartford location
Reason for Selling:
Owner is downsizing his holdings
This business is an established franchise
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Bob Fuhrman

Business Listed By:
Bob fuhrman

RF Franchise Systems, LLC

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