Title Loans, Payday Loans & Signature Loans

Las Vegas, NV (Clark County)

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

Cash Flow: $81,300

Gross Revenue: $180,000

EBITDA: N/A

FF&E: $20,000

Inventory: N/A

Rent: $3,600 /Month

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 Mounir Bousaid at 702-989-3213 or moe@fcbb.com to learn more about this rare opportunity.

Detailed Information

Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
6/1/2023
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2400 square feet with a Total Rent of $3,600. Lease ends 06/2023 with a one 5 year lease options. Seller is/is not active in the business with 2 FT employees. Hours of operation are 9 AM to 6 PM, Mon-Sat. $20,000 in FF&E included in Asking Price. 604A License Required.
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:
Mounir & Andrea Bousaid

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Sponsoring Broker:
Jeff & Linda Nyman

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