Business For Sale Listing 150495
Check Cashing Company
Status as of Nov-21-2008 at 06:00 PM: Off The Market
Business Summary
Payday Loans/Check Cashing/Western Union Services-Central Orange County, CA
Here's a great opportunity to become involved in the booming Payday Loan/Check Cashing Industry.
This gorgeous facility looks like part of a large franchised operation yet it is a single stand alone business. It's situated in a very attractive storefront in a great Central Orange County location.
The business generated a gross income of $2,000,000 in it's first full year and the sellers anticipate $2,500,000 when the books are closed on year two.
They offer check cashing service and payday loans along with Western Union Services for their clientele.
It's currently owned by three partners who have decided to move on to other business ventures and feel this business can more effectively be operated on a single owner/operator situation. Presently it is help run and operated.
•Sales: $2,000,000
•Furniture, Fixtures and Equipment: $80,000
•Seller's Discretionary Cash Flow: $60,000
•Asking: $69,990
Disclaimer: The information above was furnished by the seller. Neither the broker nor its agents have verified the information and makes representations as to its accuracy or reliability.
Categories
| Industry: |
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| Location: |
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| Other: |
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Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (2,000,000) |
| Profits: |
Under $100 Thousand (60,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Less than $100 Thousand (69,990) |
