Check Cashing Business – MoneyGram and Other Services

Price: $135,000

Location: Los Angeles County

Industry: Check Cashing

Listing ID: 01985296WL

Listing Status: Reduced Price

Description

Listing ID - 01985296WL

This business provides check-cashing, MoneyGram, and other services.

The current owner has operated for the last 15 years.

Help-run operation with 1 full-time and 2 part-time employees. Room to increase the bottom line with owner-operator.

*** The new owner must own a check-cashing business currently to be qualified to take over the check-cashing business bank account.

Situated in a busy strip center at the corner of major streets.

Check-cashing fee charged: 1.5%

LISTING DETAILS

Down Payment: $135,000

Total Sales: $215,000

Cash Flow: $48,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Operation

Year Established: 2008

Days & Hours of Operation: 7 Days (Mon & Fri: 8am to 8pm) / (Tue / Wed / Thur: 8am to 7pm) / (Sat & Sun: 9am to 6pm)

Owner Hours Per Week: Absentee

Non-Owner Payroll: N/A

Employees: 3

Absentee Owner: Yes

Lease Option: Incl. NNN, 5 Years Option

Location

Real Estate: N/A

Monthly Rent: $4,374

Type of Location: Strip Center

Square Footage: 1000

Summary

Reason For Sale:

Retire

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER