Profile: Fiesta Check Cashing W/Payday Loans - 100K Profit.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Sharon Hills, Agent
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| Primary Phone: |
805-899-2919 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/30/09 |
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| Date Last Revised: |
11/19/09 |
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| BizBen Ad #: |
139961 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$320,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$400,000 |
| Annual Adjusted Net: |
$100,000 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Price: 275,000
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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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Sharon Hills, Agent at 805-899-2919 Non Disclosure Agreement |
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