Well-Established Check-Cashing Service with Growth Potential

Featured on BusinessForSale.com . 13 viewed

Asking Price

$2,200,000

FOR SALE - ACTIVE

Detailed Information

Location

Colorado, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This check-cashing business is a well-established community service provider located in a high-traffic area with loyal customers and potential for growth. The owner-operated business offers excellent service, leading to steady revenue and frequent referrals from satisfied clients. There is also space for expansion to introduce new services or merchandise. The customer base consists mainly of local workers and residents looking for a reliable way to cash their paychecks conveniently. Prospective buyers will need to manage the shop themselves or oversee hired staff and secure Money Services Business (MSB) financing along with adequate working capital. The owner is willing to provide training to ensure a smooth transition. The business has a strong reputation in the community, attracting new customers through word-of-mouth referrals. Opportunities for future growth exist, making this business a promising investment for someone prepared to manage its operations effectively.

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