Price: $568,000
Location: Alameda County, CA
Industry: Other Financial Services
Listing ID: 01985411JH
Listing Status: Reduced Price
Listing ID - 01985411JH
This is a well-established currency exchange business specializing in purchasing and selling foreign currency to US residents and tourists alike.
The business offers currency exchange services for various global currencies, including but not limited to the Euro, Mexican Peso, and British Pound, as well as exchange services for 83 currencies worldwide.
What sets this business apart is its extensive inventory of foreign currencies, ensuring that customers can easily buy or sell foreign money on the spot.
Furthermore, the business can accommodate special requests for specific currency denominations, with quick turnaround times for the next business day. As such, it has established itself as a reliable one-stop shop for all foreign currency needs.
This simple and seasoned business is ideal for all types of buyers and sellers, and the owner is willing to provide full training to ensure a smooth transition.
Don't miss out on this fantastic opportunity to acquire a thriving currency exchange business with excellent growth potential.
Down Payment: $568,000
Total Sales: $1,900,000
Cash Flow: $240,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $20,000
FFE Included: Yes
Inventory: $10,000
Inventory Included: No
Year Established: 2015
Days & Hours of Operation: 7 Days (10am to 5pm)
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Absentee Owner: No
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $2,300
Type of Location: Strip Center
Square Footage: 800
Reason For Sale: Retire
