Check Cashing Store
Richmond

This is a rare opportunity to purchase not only a long-established financial services business but also the commercial building it operates from. For more than 40 years, this location has served as a trusted one-stop shop for check cashing, reloadable prepaid Visa cards, lottery sales, bill pay services, money orders, stamps, faxes, and copies. With steady revenue streams, a loyal customer base, and very little competition in the area, this turnkey package offers both a proven business and the security of owning the real estate.

Listing Number:

24654

Category:

Retail

Location:

Richmond
$700,000

Financial Information:

Gross Revenue:

$257,502

Listed Price:

$700,000

Down Payment:

$0

Total Income:

$138,417

Year Established:

1980

Lease Information:

Square Feet:

1792

Total Rent:

$0

Lease Expiration:

$0

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$5,000

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special Licence Required:

Need to register with FINCEN

Contract Staff:

0

Training Period:

30 days

Reason for Selling:

Spend more time with family

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Patricia Griswold
Office: 8045207557 | Cell: 8049282651
License #:

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Check Cashing Store
Richmond

Listing Number:

24654

Category:

Retail

Location:

Richmond

Listed Price:

$700,000
brokerPhoto
Patricia Griswold
Office: 8045207557 | Cell: 8049282651
License #:
This is a rare opportunity to purchase not only a long-established financial services business but also the commercial building it operates from. For more than 40 years, this location has served as a trusted one-stop shop for check cashing, reloadable prepaid Visa cards, lottery sales, bill pay services, money orders, stamps, faxes, and copies. With steady revenue streams, a loyal customer base, and very little competition in the area, this turnkey package offers both a proven business and the security of owning the real estate.

Financial Information

Gross Revenue:

$257,502

Listed Price:

$700,000

Down Payment:

$0

Total Income:

$138,417

Year Established:

1980

Lease Information

Square Feet:

1792

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$5,000

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

Need to register with FINCEN

Contract Staff:

0

Training Period:

30 days

Reason for Selling:

Spend more time with family

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.