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Check Cashing Service For Sale - Santa Barbara, California

Ad/Listing Information
 
Status: Off The Market
Location: Santa Barbara
County: Santa Barbara
City: Santa Barbara
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $285,000
Down:      Call/Email
Revenue:      $400,000
Adj. Net:      $100,000
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Call
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Santa Barbara Check Cashing Service Business For Sale:

Price: 285,000
Gross: 240,000
Net: 100,000
Ffe: 30,000

A Rare Opportunity To Purchase This Established Cash Cow! Fiesta Check Cashing Business Located In Busy, High Traffic Area In Downtown Santa Barbara Just One Block Off State St.

Owner Recently Did 125,000 Build Out Work Including New Security System, Steel Bulletproof Partition Wall, All New Floors And Paint. Includes 30,000 In Furniture, Fixtures & Equipment.

Manager Has Run The Business For 12 Years. 2 More Employees Are Fully Trained And Reliable. Business Requires Check Cashing And Pay Loans Licenses, As Well As Money Gram And Ca Lottery Applications Which Are Quick Procedures.

Store Has 1550 Square Feet (500 SF Not In Use) With Monthly Rent Of 4,000 @ 2.66 Per Square Foot. Gross Lease! No Nnn Charges, 5 Years Remaining Plus One 5 Year Option. Plenty Of Parking With 2 Public Parking Lots Nearby.

Great Passive Income For Very Part Time Owner. Current Owner Only Does The Banking And Will Train.

Easily Expandable To Small Convenience Market Which Would Enhance Income.


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Santa Barbara Regional Businesses Wanted To Buy

Buyer Seeks California Food Or Beverage Manufacturer Generating Less Than $10MM In Sales

Buyer looking to purchase food or beverage manufacturer in California. Prefer a company that is in need of improved sales, marketing, and build out of distribution channels into additional markets and is generating less than $10MM in gross sales. Turnaround and distressed considered. Log into your BizBen Account for buyer's contact information and details.


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Buyer Seeks Absentee Or Manager Run Small Business In Either LA County Or Ventura Area

Buyer Seeks Restaurant, Cell Phone Store, Smog Center, Mail Box Store - absentee run businesses in the Los Angeles, Ventura area. He states: " I am primarily interested in small restaurants (not full service), mail box stores, cell phone stores, and smog test centers. I would also consider small gyms. However, I am not particularly concerned with the type of business. I will consider anything up to $250,000. I am looking for businesses that are netting at least 40% of the asking price, after accounting for what it would cost for a manager to do whatever the owner does now. My intention is to partner with someone who will run the business. For this reason, I am particularly interrested in absentee-owned businesses that are currently bringing in a good net income. If the current manager is interested, I would like to partner with him or her. As I have a good income independent of the business, my hope is that my income will serve to help guarantee a loan. My involvement in the business will primarily be marketing."  For more info and contact information regarding this business buyer please log into your BizBen Account.


Business Buyer Seeks Financial Advisory Company In LA County (Or Can Be Relocated)

Buyer looking to buy a financial advisory businesss in the Los Angeles County Area or one that can be relocated to his area. Buyer has $150K for a down payment (cash), has approximately $150 in available home equity, and is looking for a financial advisory business priced between $500K and $700K. Has direct work experience in this industry and has been SBA Pre-Qualified for financing. Buyer seeks to acquire this type of business immediately. Please log into your BizBen Account to see more info about this buyer and their contact information.


More Santa Barbara County Information For Buying & Selling Santa Barbara County Businesses


Santa Barbara County Resources - Services Needed When Buying/Selling A Business
Santa Barbara County Business Brokers - Brokers & Agents That Service Santa Barbara County
Santa Barbara County New Franchise Opportunities - New Start-Up Franchises Available
Santa Barbara County Franchise Resales - Established Franchise Resales For Sale
Santa Barbara County New Business Opportunities - Opportunities, Licensing Ventures

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