WOW!! - Extremely Profitable Check Cashing Business - Fast Return!

Tamarac, FL (Broward County)

Seller Financing Available
WOW!! - Extremely Profitable Check Cashing Business - Fast Return!
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Asking Price: $495,000

Cash Flow: $225,000

Gross Revenue: N/A

EBITDA: $225,000

FF&E: $75,000

Inventory: $25,000

Rent: $4,000 /Month

Established: 1990

WOW!! - Extremely Profitable Check Cashing Business - Fast Return!

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Business Description

Opportunity knocking!! This one won't last! ! Hurry!
Extremely profitable check cashing business with high margins. Over 25 years running.
Business safely (discreet) handles large $$ volume. Free Standing building with ample Parking.
Business is Experiencing year over year growth! Long Lease Available from Owner (Landlord) with flexible terms.Many other ongoing revenue streams (too many to list). Clean books of Records.
Numbers are easily verifiable and will pass due diligence.
Business can be run easily by two family members.
.
Confidential Sale. Must provide Proof of Funds and Non-Disclosure Agreement to visit.
Please do not contact, without proof of funds availability. Sorry - No exceptions.
Principals only!

Detailed Information

Location:
Tamarac, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,638
Lease Expiration:
6/30/2029
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Owner (Landlord) owns free standing building with 11 parking spots including handicapped parking. Security Cameras and Bullet Proof window with coded doors in place. Accordion shutters outside. 3 part-sink. Bathrooms.Very Clean store.
Competition:
There are no other check cashing businesses in surrounding area. Long established customers come from local and long distances. Owner does no outside advertising.
Growth & Expansion:
Business is experiencing year over year growth. Plenty of room to grow non-check cashing business (convenience store) inside. Can add Pay Day Loans. Can operate additional hours and additional days. Business is closed Sundays and can stay open if desired.
Support & Training:
Owner will train for 2 weeks at no cost. Experienced employee is in place. Owner will assist with required licenses and transfers.Additional support provided if needed.
Reason for Selling:
Relocation.
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(from currently available funds)
 
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John Brahmbhatt

Business Listed By:
John Brahmbhatt

Coldwell Banker Commercial NRT

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