Established Check Cashing Business for Sale
Featured on BusinessForSale.com . 16 viewed
Asking Price
$2,200,000
Detailed Information
Business Description
This check cashing business is a well-established and respected service provider in a prime location, attracting a loyal customer base through quality service and word-of-mouth referrals. The current owner is willing to train the new owner and the location has potential for growth by offering additional services or products. The customer base is mainly locals who value quick and reliable access to their pay. The new owner of this business will need to be actively involved in the shop's management or hire staff under supervision. Acquiring this business will require the buyer to secure Money Services Business (MSB) financing and banking in order to have enough working capital for operations and potential expansion. Overall, this business presents a solid opportunity for a buyer looking to enter the check cashing industry with an established and profitable business model.