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#Business ID: 20328

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Check Cashing Business

Business Location: Passaic, New Jersey, United States

Asking Price: $ 175,000 Revenue: $ 235,211 Cash Flow: $ 110,550

Business Summary

Outstanding opportunity for owner operator. Turn key operation with excellent location. Seller will supply training, on going support. New buyer can add additional sales by buying gold and reselling it; also lottery, and vending machines. Corporation will provide ongoing training and provide bank. There is also a $30,000 franchise fee that runs for 15 years.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is owned.
This is not a homebased business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

2000

Property Type:

Lease

Other Business Details

Premise Details:

1,247 square feet with parking, a little more than one year left on lease. However, landlord will agree to long-term lease with new buyer. All equipment and building is in good condition.

Competition:

Not much competition in area; New owner should buy gold and re sell it for additional revenue. Additional advertising will bring in more business. Also the check cashing store should be open on Sunday for more revenue. Also add lottery machine.

Business Operation Details

Employees:

1

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Reason For Selling:

Owner retiring.

Contact this seller

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