Check Cashing Business

Check Cashing Business

Consistent Moneymaker

Description: http://imavex.vo.llnwd.net/o18/clients/fixedfee/images/medical.jpgNorthern Indiana
Listing Number:
 2375

Financial Information

Asking Price: $50,000
Real Estate: Leased space
Gross Revenues: $200,000
Cash Flow: $80,000

Business Description

Independent check cashing business serving the Indianapolis metro area. This business has averaged $10M in checks cashed over the last several years. This business also offers utility payment services, Western Union money wire services and is an authorized lottery retailer. Loyal and dependable customer base.....approximately 90% of the customers use this service regularly and 95% of checks cashed are payroll checks. Pay-Day advance services could be added to generate more income and profit.

General Information

Facilities: A leased 1,200 sq ft space in a high traffic retail plaza.

Growth & Expansion: Growth available by adding pay-day advance and starting to advertise and market the business  

Employees: 2

Financing: Bank financing should be available to a qualified buyer

Support & Training: The seller will provide necessary support and training

Reason Selling: Retirement / Health

Contact Information


Contact:
 Roger Oberweiser
Phone: 317-333-6655 x 103

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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