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Business For Sale Listing 116782

2 Profitable Check Cashing Stores Toronto, Canada

Status as of Nov-21-2008 at 06:07 PM: Off The Market

Business Summary

Two established (since 2002) Full Financial Services Stores in Toronto, GTA, Ontario, Canada for sale! Easy, turn-key operation, no inventory, providing convenience banking services, including check cashing (80% revenue, 80% existing, repeat, stable customers), pay day loans, currency exchange, money transfer, money order, bill payment, pre-paid Mastercard, pre-paid cell/long distance cards, mail boxes. Owner can be inactive or absent with established and current operation. Can add income tax and accounting services and high profit margin financial services mortgage and insurance to existing clients with very low marketing cost. Seller is switching into real estate industry and looking to sell for cash. Established business with excellent staff. Serious Business. Serious inquiries only. Buyer must have at least $250,000 CAD to invest.


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Industry

Sector: Finance & Insurance
Industry: Check Cashing

Location

Classification: Canada // Ontario // Toronto
Location: Toronto, On, Canada

Financials

Sales: Between $100 Thousand And $500 Thousand   ($230,000)
Profits: Under $100 Thousand   ($70,000)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Fiscal Year: 2006
Asking Price: Between $100 Thousand and $500 Thousand   ($289,000)
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