Check Cashing & Other Business Solutions Services For Sale

Business description

This check cashing & Money Gram service business offers other services like shipping, utility payment center, dish network, cell phone activation & sales, DMV registration, Passport, Postal services and more. Most of the clients are from Spanish speaking community who usually use multiple services which are offered by this business.

The business is located inside a shopping center on very busy blvd. next to a launder matt in Anaheim. According to the owner, in very near future a chain of Latin grocery store will open a branch in the same shopping center next to this business. The owner expects his revenue increases at least by 50% or more.

Majority of the revenue comes in the form of commission on all the services provided by this business which keeps the cost of goods sold very low.

Annual Revenue: $110,000
FF&E (Included in the price): $3,000
Inventory (Included in the price) $15,000
Seller’s Discretionary Cash Flow $65,000
Asking Price: $250,000

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.

Property information

Lease terms:

expires 2009-5 year option. rent-$2,010.

Location:

1,800 sq.ft.

Other information

Support & training:

seller will provide training.

Reasons for selling:

other ventures.

Financing available:

not disclosed.

Furniture / Fixtures value:

$3,000 (included in the asking price)

Inventory / Stock value:

$15,000 (included in the asking price)