Growing Philadelphia Check Cashing Store- Prime Location

Business Description

This store, part of the most respected franchise in the industry, is growing and on pace to do over $18m in check cashing volume this year. In addition, the business has multiple other revenue streams. The location on the southern side of Philly is perfect as new businesses are opening all the time right around the corner in this booming marketplace. The store currently has three employees and offers plenty of floor space which allows them to house four PA Skill machines and provides the owner with substantial additional income. The property is currently not for sale, but the purchaser of the business will get first right of refusal to purchase the real estate at fair market value when it goes on the market. Please keep in mind this opportunity is not SBA eligible and the buyer will need approximately $100k in cash inventory to start operations.

Please put an inquiry in or email Tom Covello at tcovello@tworld.com to receive the NDA and further information.

Ad#:2261303

Additional details: - Listing status: Active - Revenue: $302,244 - EBITDA: Not Disclosed - Cash flow: $89,082 - Reason for selling: Other Business Interest - Real estate: Leased - Franchise details: This business is an established franchise - Intermediary: Tom Covello · Transworld Business Advisors of Philadelphia Main Line & South Jersey · 610-708-1221 ext 705 - Source listing: https://www.bizbuysell.com/business-opportunity/growing-philadelphia-check-cashing-store-prime-location/2261303/

Franchise System Information