sell or buy a business

sell or buy a business: Business for Sale in USA. Find 3000+ Businesses for Sale in USA. Buy a Business, Sell a Business or find Investment opportunities in USA.

SELLING or BUYING a BUSINESS?
GET a FREE Consultation NOW!
212-661-4160
  • Home
  • About Us
    • Our Founder
    • OUR TEAM
    • Blog
    • Mission Statement
    • Media Kit
    • Awards
    • Breaking News
    • Company News
    • Our Services
    • Affiliations
    • Outside Resources
    • Join Us
    • Videos
    • MEDIA
  • Seller Info
    • How It’s Easy Selling Business
    • Steps To Sell A Business
    • Seller FAQ
    • Seller Articles
    • Seller Forms
  • Buyer Info
    • Buying Tutorial
    • Buyer FAQ
    • Buyer Articles
    • Buyer Registration
  • OUR EXCLUSIVE LISTINGS
    • Businesses and Corporations
    • New York Businesses
    • Pennsylvania Businesses
    • New Jersey Businesses
    • Connecticut Businesses
    • MARYLAND AND D.C. BUSINESSES
    • Mass/RI/NH Businesses
    • Businesses with Real Estate
    • #97664 (no title)
    • #1855 (no title)
    • Hotels
    • Small Businesses
  • Licensing
  • Franchisors
  • Previously Sold
Home

Print ListingGo Back
Unknown
Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
Broker Contact Form
Name

Email

Phone

Comment

Send to Printer

THE PREMIER CHECK CASHING AND FINANCIAL SERVICES BUSINESS SEEKS ESTABLISHED OPERATOR LOOKING FOR GROWTH THROUGH ACQUISITION
(FINANCIAL SERVICES, CHECK CASHING)
delaware and bucks counties, PA
Listed Price: $ 6,295,000
Listing ID: XCPA333020

Listing DetailsGross Revenue: $ 4,300,000
Cash Flow: $ 1,272,000
FFE: $ 936,000 (Included in Price)
Inventory: $ 72,600
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:

RETIREMENT


Training & Support:

COMPLETE TRAINING AND SUPPORT INCLUDED


Listing SummaryBusiness Description:

THIS COMPANY IS AMONG THE LARGEST PRIVATELY OWNED CHECK CASHING OPERATIONS IN THE STATE OF PA.

A FINANCIAL SERVICES BUSINESS WITH 20 RETAIL STORE LOCATIONS STRATEGICALLY LOCATED THROUGHOUT THE PHILADELPHIA MARKET.

In addition to Cashing Checks, this company also offers and specializes in selling Money Orders, Bill Payment Services, Money Transfer and Wiring, Pre-Paid Debit Cards, State Lottery Sales, Public Transportation Passes and Tokens, Faxing, Copies, Corporate Wholesale Check Cashing and Armored Car Cash Delivery Services.

page2image12544 page2image12704 page2image12864

 

The company also owns a fleet of ATM Machines, is a licensed Money Transmitter in the states of NJ and PA and is one of the few check cashers in the United States that has the ability to sell it’s own Money Orders and process their own store branded Pre-Paid Debit Cards.

This company is recognized as the leader in the financial services industry and is the premier Check Casher in the State of PA.

COMPANY IS CURRENTLY OPERATING 20 STORE LOCATIONS IN THE STATE OF PA.

12 LOCATIONS ARE OWNED BY THE SELLER AND 8 LOCATIONS ARE RENTED UNDER LONG TERM LEASE AGREEMENTS.

SOME OF THE RENTED LOCATIONS INCLUDE INDEPENDENT TENANTS WHO ARE PAYING RENT TO THE SELLER.

SELLER WILL CONSIDER SELLING ANY OF THE 12 PROPERTIES / LOCATIONS OR WILL LEASE THEM BACK TO THE BUYER OF THIS BUSINESS.

 

 


Historical Summary:

This company has been in business since 1993 and has grown its business and list of services to become one of the largest Check Cashing companies and Financial Services

business in the State of PA with 20 retail locations throughout Philadelphia and the surrounding region.

 


Owner Qualifications:

 Some prior business experience a plus ; CompetitionLimited


Competition:

EXTREMELY LIMITED


Potential Growth:

UNLIMITED


Financing/Terms:

NEGOTIABLE


LocationFacilities:

SMALL COMMERCIAL REAL ESTATE LOCATIONS


OperationYear Established: 1993
Days & Hours of Operation: 9-6 M T W - 9-7 TH F SAT ( SOME OPEN SUNDAYS )
Owner Hours: 35
Employees: 48
Managers: 1
Absentee Owner: No

Print ListingGo Back

Contact Us

Contact Mel Lisiten, New York, NY
330 East 38th St.
212-661-4160 or mel@lisitenassociates.com Sitemap

Recent Posts

  • “Hello” is a Key Part of Making the Right First Impression
  • Can Sellers Use Buyer Warning Signs to Their Advantage?
  • The Transformative Benefits of the Entrepreneurial Operating System®

Return to top of page

Copyright © 2021 · Agency Child Theme on Genesis Framework · WordPress · Log in