Check Cashing For Sale - Ventura County, California, CA

PROFILE: Revenues Growing At An Average Of 21% Per Year.

AD/LISTING INFORMATION
Status: Available
State: California
Location: Ventura County
County: Ventura
City: None Given
Primary Category: Service Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  130841
Seller Or Contact:  Brian Colon
Primary Phone:  818-483-4777 X104
Alternate Phone:  805-223-0062
Email Address:  See Form Below
Date Ad Started:  8/14/08
Date Ad Last Revised:   9/16/08

FINANCIAL INFORMATION
Asking Price: $49,000
Down Payment: $49,000
Annual Revenue: $109,875
Annual Adjusted Net: $49,053
   
DETAILED INFORMATION
Franchise: Yes
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: Instant Turn-Key. $30,000 In Established Loans Pays The Owner Close To $8,000 Monthly In Fees. Consistent Check Cashing Fees Adds Another $3,000 Per Month. Revenues Growing At An Average Of 21% Per Year. Gross In This Ad Is The Gross Profit. Gross Profit In Check Cashing Is Typically 1% Of Gross Sales (Est: $1,000,000). Excellent Location With High Volume Traffic. The Store Is In Beautiful Condition. Long Lease At Below Market Rates. Other Services Include Phone Cards, Lottery, Moneygram Wire-Funds, Bill Payment. Original Cost To Setup This Business Is $120,000 Plus Months Of Preparations. Low Downpayment Assumes 3rd Party Financing. (Asking Price Does Not Include Loan Inventory Buyout Of Between $20K-$30K)

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