8 Payday Check Cashing Stores For Sale
Location: United States -> Nevada -> Las Vegas
Industry: Business Services > Financial
Businesses for sale Summary
OUR LOSS YOUR GAIN . We now have 4 locations remaining long term well established payday / check cashing stores for sale in Las Vegas and we must sell. Our other opportunities out of state make this sale possible and we must relocate now in order not to jeaoprdize our other interests.
This is an very rare and an unheard of opportunity that can not be duplicated. All stores are operational and fully equipped. Inclusive are all account receivables. The company has exceeded $1.4 million last year in revenue and has a net profit of nearly $450,000. The business is license under the Nevada nrs 604b payday, high interest lending, check cashing, and title loan statue. Due to the extreme interest in the business at this purchase price all potential buyers will be pre-screened financially and for suitability. You must be able to qualify for this privileged license in the state of Nevada.
Purchase price has already been pre-negotiated at $895,000.00, this is inclusive of all assets and all account receivables amd all FF&E. This business can not be reproduced at any price to receive the cash flow and the locations. This is a real rare opportunity for the group. Serious inquiries please, no explorations. For immediate consideration you may email or call us at 702-239-2000.
Financials
Asking Price Range: $500K – $1.0M
Gross Revenues: $1,400,000
Cash Flow: $450,000
Cash Flow Type: EBITDA
Inventory: Yes.
Seller Financing: Yes
About The Business
Year Established: 1994
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes.
Reason For Selling: Relocation.