Profitable Independent Check Cashing & Payday Loans

Broward County, FL

Profitable Independent Check Cashing & Payday Loans
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Asking Price: $200,000

Cash Flow: $103,142

Gross Revenue: $177,246

EBITDA: N/A

FF&E: $10,000

Inventory: N/A

Rent: $0.00

Established: 2006

Profitable Independent Check Cashing & Payday Loans

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Business Description

Profitable Independent Check Cashing & Payday Loans

Reason for Sale: Change in Career- Profitable Independent Check Cashing & Payday loan business. Full time Owner Operator makes $103k+. Fantastic location that supports check cashing and payday loans. $177k gross profit per year. Easy to run and seller will train. Franchise buildout but no franchise fees. Lease expires in 2018 but landlord will renew. Perfect opportunity to add on a second location or convert to a franchise concept. Seller does no marketing to help increase the sales volume. Many repeat loyal clients.

Detailed Information

Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Will train for 2 weeks @ no cost.
Reason for Selling:
Change in Career.
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Contact the Seller

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Russell Cohen M&AMI,CBI,BCI,CM&AP,CM&AI

Business Listed By:
Russell Cohen

Murphy Business & Financial Services LLC

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