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Payday Loan, Check Cashing, Bill Pay Store For Sale - Bakersfield, California

Ad/Listing Information
 
Status: Off The Market
Location: Bakersfield
County: Kern
City: Bakersfield
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $67,000
Down:      $50%
Revenue:      $307,000
Adj. Net:      Call
Relocatable:      Yes
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Yes
Franchise:      No
For Sale By Owner:      Yes
Asset Sale:      No
Lifestyle:      No

Description Of This Bakersfield Payday Loan, Check Cashing, Bill Pay Store Business For Sale:

Payday Loan store in Bakersfield California. Services offered are payday loans, check cashing, bill payment center and prepaid wireless. Start up was July 1, 2007. Gross Revenue increased from 129,000 to 307,000 over the last 12 months. Excellent default rate around 3%. Two and one-half years left on lease of 950 per month. Located in high traffic corner shopping center next to pharmacy, Liberty Tax Services and a mini market. Owner/Manager offering 60 days of free training. Excellent collections clerk willing to stay on. Store Manager also willing to stay on. Current Accounts Receivable around 27, 000. Sale includes three computers, three printers, software for payday loans, bill pay and prepaid wireless, two check scanning devices, phone system, fax, web site, desks, refrigerator, safe, filing cabinets, etc. Leased space is a flat 950 (no comm. paid), is 750 sq feet and includes its own restroom and lunch room area.

Reason for sale is Owner has run out of capital required to expand. Will look at all reasonable offers including a Partnership arrangement as owner sees great potential.


Payday Loan, Check Cashing, Bill Pay Store For Sale And Bakersfield Region Related Links:

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Looking For A Specific Type Of Business (Location) For Sale? Place A Business Wanted To Buy Request On BizBen

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Bakersfield Regional News & Tips For Buying And Selling Businesses

Business Broker Explains Allocation Of The Purchase Price When Selling A California Business

There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a California business sale. The allocation is required to complete the transaction. In this blog & article Lee Petsas, business broker covers the most common used asset allocation classes in this article on allocation of a business sales transaction.


BizBen.com 2012 Index Reports: 244 California Small Businesses Sold - 2/6 to 2/10

February (2012) starting quick in sales - last week approximately 244 California small businesses sold by small business owners, business brokers, and agents.  BizBen and Peter Siegel the Director of the BizBen Network has compiled the BizBen.com Index since 1998.


Lee Petsas, Broker Chats About Deposits With Purchase Agreements - Tips & Guidelines

Lee Petsas, discusses purchase agreements when buying or selling a business in his new article on BizBen, "Rules And Guidelines About Deposits With Purchase Agreements". Lee discusses: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing Deposits and Opening Escrow, Return of Deposit to Buyer, Why do we take a deposit from a buyer when preparing and executing a Purchase Agreement Contract?


3 Tips for Increasing Profitability When You Buy Liquor Store Businesses In California

When on your search to buy liquor store businesses, consider additional ways that you may use the location to generate additional revenue streams. Peter Siegel, MBA with BizBen.com discusses buying California liquor stores in this blog post and article. See all California liquor stores for sale represented by business brokers, agents, and owners.


Bakersfield Regional Upcoming Events

Upcoming Laundry Seminar - How To Buy A Northern California Laundromat - 2/16

Looking to buy a Northern California card or coin laundromat? PWS Laundry is presenting their next Northern California seminar Thursday 2/16. For details go to How To Buy A Northern California Laundromat Seminar - To RSVP call 650-871-0300.


Bakersfield 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.


Motivated Business Buyer Seeks Home Health Care Agency Or Health Care Service

Buyer seeks home health care agency with an annual adjusted net income of $180K+. Ideally the business should be located in Southern California, but will purchase outside of Southern California if the right deal presents itself. Buyer has high credit score and is looking to purchase a business immediately, and has been pre-qualified for SBA financing. Contact buyer direct. For buyer contact info and details, log into your BizBen Account.


Buyer Seeks Northern California Materials Testing Laboratory

We are looking to start a materials testing lab in Northern California to increase our market share. Before purchasing new equipment, we are curious to know if there are any existing labs that may be in financial trouble and are willing to sell.  The lab should be located in Northern California and be certified by both Caltrans and the Corps Of Engineers. For more info and contact details regarding this business buyer please log into your BizBen Account.


Business Buyer Seeks Insurance Agency, Insurance Brokerage Service

A buyer in the insurance business currently is seeking to add more business through acquisition and is looking for insurance agencies or insurance brokerages for sale. They prefer property & casualty but have interest in other areas as well. They are not interested in non-standard auto business. Their preference is gross commissions ranging from $50K to $500K. They prefer an Orange County location - but will look at other areas throughout California. This buyer is part of the Business Buyers Program within the BizBen Network. Go to insurance business buyer info for details about this buyer and their request.


More Kern County Information For Buying & Selling Kern County Businesses


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

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