Price: $150,000
Location: Los Angeles County
Industry: Check Cashing
Listing ID: 01985296WL
Listing Status: New
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%
Down Payment: $150,000
Total Sales: $215,000
Cash Flow: $80,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: N/A
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
Real Estate: N/A
Monthly Rent: $4,374
Type of Location: Strip Center
Square Footage: 1000
Reason For Sale: Retire
