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Listed by:

Executive Business Brokers

Lucrative Check Cashing In Bucks County For Sale

Bucks County, Pennsylvania
Asking Price:
$500,000 (USD)
Sales Revenue:
$443,122 (USD)
Cash Flow:
$212,422 (USD)

Exceptional opportunity to own a lucrative, well-established full-service and least labor intensive check cashing franchise. Convenient location with easy access. Plenty of parking on premises. All inclusive, affordable rent with a long lease. Total transparency is the hallmark of this business. Decent hours of operation. Owner and wife's salaries are added back to the profit. Exceptional franchise guidance and support help keep abreast of this compliance, changes, and advances in the industry. ROI under 30 months. The business requires liquidity of 500,000 in addition to the purchase price. Proof of funds of no less than 750,000 required.

Property Information

Real Estate:

Lease

Lease Terms:

4 years, plus 2 5-year options

Leasehold Rent:

$27,214 (USD) per annum

Business Operation

Expansion Potential:

Significant, addition of currency exchange, ATM, gold buying can add to revenue

Competition / Market:

Noticeable but not formidable

Reasons for selling:

Retirement

Trading hours:

Mon-Wed 8:00am-5:30pm, Thur-Fri: 8am-6:30pm, Sat 8:00am-2:30pm, Sun closed

Employees:
2 PT, 2 FT (owners)
Years established:
2000

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Available from franchise

Other Information

Support & training:

2 weeks

Contact Information

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