Profile: Profitable Check Cashing Business!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Sean Edelstein, Agent
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| Primary Phone: |
714-221-1572 |
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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: |
9/23/09 |
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| Date Last Revised: |
9/23/09 |
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| BizBen Ad #: |
146036 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$105,000 |
| Down Payment: |
$105,000 |
| Annual Revenue: |
$97,164 |
| Annual Adjusted Net: |
$65,952 |
| Price Range: |
$100,001 to $250,000 |
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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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Have You Ever Imagined Owning A Bank? This Business Is Very Close To That Dream! Located In The Prime Demographic Of Hemet, This Business Has Great Local Cliental. Currently Run By An Employee 6 Days A Week. The Owner Is Absentee And Visits Once A Week. The Net Assumes You Run The Business Full-Time With No Employees.
This Business Has Two Primary Sources Of Revenue. 80% Of The Business Is Payday Loans And 20% Is Check Cashing. You Lend People Money Based On Their Next Paycheck.
Payday Loan Consumers Are Paying 7 To 45 Per 50-300 Borrowed For A Term Averaging 18-20 Days. These Cash Advance Fees Are Equivalent To Huge Returns On Your Money. These Returns Are Simply Phenomenal!
The Sellers Have A System In Place To Minimize Risk And Maximize Return. They Will Train You In All Aspects Of This Business.
Payday Loans, Just In The Usa, Are Estimated To Be A 40 Billion To 50 Billion Dollar Industry And Still Growing 20% To 30% Annually! (Internet Transactions Are Difficult To Estimate).
Add Revenue To This Business By Adding More Services, Bill Payment Services, Notary, Po Boxes, Auto Registration Services, Bookkeeping Service, Cpa Or Other Professional Service.
There Is No Better Way To Make Money Than On Other Peoples Money!
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Sean Edelstein, Agent at 714-221-1572 |
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