Profitable Check Cashing Services

Philadelphia, PA (Philadelphia County)

Profitable Check Cashing Services
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Asking Price: $60,000

Cash Flow: $85,000

Gross Revenue: $195,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 1990

Profitable Check Cashing Services

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Business Description

Strong Earnings | Great Growth Potential | Priced to Sell

This professional franchise check cashing business is very attractively priced... having been in operation for 27 years.

It is the closest thing to having your own neighborhood branch bank. It has a bank look and feel, and offers a full menu of financial services to the "un-banked" or "under-banked" customer. Services include check cashing, money orders, wire transfer, electronic bill payment, gold, and gift-card buyback program.

This professionally run store has a profit margin close to 50%, being offered at a very attractive price.

Have a 401k or IRA? Use it to buy this business with NO tax penalties.

Take advantage of a long successful track record, web presence, advertising, social media, and local marketing. And enjoy the franchisor's wealth of proven marketing resources, marketing knowledge, operating systems and support.

Detailed Information

Real Estate:
Leased
Building SF:
600
Lease Expiration:
N/A
Employees:
1
Facilities:
The store is very attractive having the look and feel of a bank.
Competition:
The store is strategically located for maximum exposure. Well-established and loyal customer base.
Growth & Expansion:
Unlike many other industry categories, the economic climate is conducive to this business that provides a full menu of financial services to the "un-banked" or "under-banked" customer.
Support & Training:
Training and ongoing support via regularly scheduled site evaluations (minimum 2 per year). Conference calls. Newsletters. Franchise conventions. Operations staff available during normal business hours
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

(from currently available funds)
 
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F. Steven Schneider

Business Listed By:
Steve Schneider

Franchise USA, LLC

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