Recession resistant check cashing franchise Biz

Business For Sale
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
 

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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: