Title Loans, Payday Loans & Signature Loans

Las Vegas, NV (Clark County)

Title Loans, Payday Loans & Signature Loans
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Asking Price: Get Financing: $245,000

Cash Flow: $81,300

Gross Revenue: $180,000

EBITDA: N/A

FF&E: $20,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 1996

Title Loans, Payday Loans & Signature Loans

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Business Description

Welcome to the business of Cash! The business is well established for many years and has a prime location on one of the busiest roads in Las Vegas leading to the strip. Services currently offered consist of title loans, payday loans and signature loans, seller claims room for growth by expanding services offered such as check cashing or increasing amount of loans as seller receives several calls daily for new loans despite no desire to grow the business. Seller states that the business has the lowest default rate in the state due to the successful operation of the business for many years. Current amount loaned out stands at approx. $60k. Please contact us directly to learn more about this rare opportunity. Listing Agents: Andrea & Mounir Bousaid - Phone# 702-241-1242 or 702-321-1292

Detailed Information

Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2,400 square feet with a Total Rent of $4,320. Lease ends 06/2023 with a one 5 year option. Seller is active in the business 2 FT employees. Hours of operation are 9AM to 6PM Mon-Sat. $20,000 in FF&E included in Asking Price. 604A License Required.
Financing:
Seller agrees to accept Cash Only
Support & Training:
30 calendar days
Reason for Selling:
Retirement
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(from currently available funds)
 
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Andrea & Mounir Bousaid

Business Listed By:
Andrea & Mounir Bousaid

First Choice Business Brokers

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Sponsoring Broker:
Jeff & Linda Nyman

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