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Check Cashing, Payday Service For Sale - Panorama City, California

Ad/Listing Information
Contact Information
 
Status: Available
Location: Los Angeles
County: Los Angeles
City: Panorama City
Contact Agent:  Isaac Bensussen
Primary Phone:  619-392-4344
Alternate Phone:  None Given
DRE Number:  None Given
Email Address:  Email Advertiser
Date Started:  1/6/12
Date Last Revised:   1/6/12
BizBen Ad #:  150034
 
 
Financial Information Detailed Information
 
Price:      $127,000
Down:      Call/Email
Revenue:      $183,000
Adj. Net:      $82,000
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Yes
Franchise:      Yes
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Los Angeles Check Cashing, Payday Service Business For Sale:

HUGE PRICE REDUCTION. This profitable check cashing/payday advance business was listed for 250,000. Now PRICE SLASHED IN HALF. !!! ONLY 127,000!!! The HUGE price reduction reflects the motivation of the owners to sell and go forward with their plans. Well Known Business With Great Reputation Established In The Same Location For 10 Years Caringly Attended By The Owner. Very Loyal Clientele. Franchised Operation Focusing On Check Cashing, Payday Advance Loans, Sale Of Money Orders, Wire Transfers And Bill Payment. Located In A Very Safe Area Of Panorama City In The San Fernando Valley Area. "Cash Plus" The Franchisor Is Very Active And Accessible, Always Helping And Innovating To Increase Business Operations And Profitability To Their 65 Plus Franchisees All Over The USA. "Cash Plus" Panorama City Has Been Successful From The Beginning. With the owner working full time and no employees, business nets in excess of 82,000 per year. Nevertheless, the store can be operated with the owner working and one part time employee 28 hours per week) and the business will net 63,000,000 Plus per year. Finally, with one owner working 3 hours per day and a full time employee, business will net in excess of 55,000 per year. Ideal Business With No Inventories To Liquidate At The End Of The Year Or Spoiled Food At The End Of The Day. Price Does Not Include Approximately 50,000 Payday Advance Receivables. Additional Capital Needed To Operate The Business, Approximately 50,000. Please Qualified Buyers Only. Buyer's Financials Needed Before Appointment To Show.

1412 Sq.Ft. Store In Panorama City. Panorama City Store Is Located In A Huge Shopping Center With Home Depot, Home Town Buffet, Ross, AMC Theathers Among Other Tenants. Ample Parking. Included In The Purchase Price Are Computers, Printers, Fax Machine, Copier, Desk, Filing Cabinets And Fixtures. Store Is Open From Mondays Through Thursdays From 10am To 7pm. Fridays From 9am To 7pm. Saturdays From 9am To 5pm. Closed On Sundays.

Tremendous Growth Potential With Many Stores, Banks, Employment Agencies And Apartment Projects Around That Are Source Of Additional Income. Also, because of the very large store, part of the lobby has been rented in the past for 1,000 per month to Tax Preparer, Insurance Agent, etc. that add 12,000 to the Yearly Income. Income Tax Return Filings, Cell Phone Sales, Notary Public Services Could Be Explored.

Franchisor Will Train For One Week. Owner Will Train For 3 Weeks.

Remember: More than 10 years of good will.
Call Isaac Bensussen (Agent) at 619-392-4344  (Please Mention You Saw This Ad On BizBen) About This Check Cashing, Payday Service Business Opportunity For Sale in Los Angeles.


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