Profile: Profitable Check Cashing/Payday Advance Loans In Canoga Park.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Isaac Bensussen, Agent
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| Primary Phone: |
619-392-4344 |
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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: |
10/30/09 |
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| Date Last Revised: |
11/12/09 |
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| BizBen Ad #: |
150000 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$660,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$325,000 |
| Annual Adjusted Net: |
$205,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Well Known Business With Great Reputation Established In The Same Location For 11 Years And Caringly Attended By Th Owner. Very Loyal Clientele Of Many Years. Franchised Operation Focusing In Check Cashing, Payday Advance Loans, Sale Of Money Orders, Wire Transfers And Bill Payment. Located In A Very Safe Area Of Canoga Park 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 For Their 65 Plus Franchisees All Over The USA. "Cash Plus" Canoga Park Has Been Successful From The Beginning. With owner working full time and no employees business nets in excess of 205,000. Nevertheless, The Business Can Be Operated With One Full Time Employee And One Part Time Employee With The Owner Supervising The Business Two Or Three Times Per Week For A Few Hours. 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 70,000 In Payday Advance Receivables. Additional Capital To Operate The Busines, Approximately 70,000. Store Is Open Mondays Through Thursdays From 10am To 7pm. Fridays From 9am To 7pm. Saturdays From 9am To 5pm. Closed On Sundays. Please Qualified Buyers Only. Buyer's Financials Needed Before Appointment To Show.
1260 Sq.Ft. Of Space In Canoga Park Shopping Center With Jack In The Box, Value Plus And Subway Among Tenants. Ample Parking. Price Includes Computers, Printers, Copier, Fax Machine, File Cabinets, ATM Machine And Fixtures.
Tremendous Growth Potential With Many Stores, Banks, Employment Agencies And Apartment Projects Around The Area for added source of Additional Income From Check Cashing, Payday Advance Loans, Sale Of Money Orders, Wire Transfers And Bill Payments. Tax Return Filings, Cell Phone Sales, Notary Services Could Be Explored.
Franchisor Will Train For One Week. Owner Will Train For 3 Weeks.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Isaac Bensussen, Agent at 619-392-4344 |
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