Russell Cohen
Broward County
6481630
Services: Financial, Accounting, Insurance
$225,000
2008
Not Disclosed
$179,000
$116,048
$NA
Not Disclosed
$NA
Not Disclosed
Not Disclosed
Reason for Selling:
Family Issues
Overview of the Business:
Franchise check cashing store located in Hollywood.Svc's offered incl check cashing,payday loans,money orders,wire transfers(money gram),bill payment(FPL,Bellsouth + others) prepay debit cards + other services.Lease extends to 2021 (rent $2575/mth).Exclusivity in shopping ctr for check cashing.Franchise training in Texas for 1 week.Buyer pays transfer fee.All new equipment (POS)+buildout.Sales are growing.High profit margins. Payday advanced totals aren't incl in the sale price. Please refer this listing #16409776 and ask for broker Russell Cohen.
Property Features and Assets:
Lease/Month: $2,575; Square Footage: 1,600; Building Type: Shop Ctr.; Terms & Options: 2-(5yr); Expiration Date: 10/31/2011.
Additional Details: