Total of 18659 firms and businesses for sale today Monday 13th May 2024
Time to Sell or Time to Buy !

Business For Sale. Pay Day Loan 26; Money Store Franchise

LISTING DETAILS
Firms For Sale ID:
9971
Vendor reference:
986203
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$395,000  
Turnover / revenue:
$173,234
Net profit / cashflow:
$709,576

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Best Franchise in the Best of Times and in the Worst of Times21;21;21; This Pay Day loan and Check Cashing Franchise has two phenomenal locations in N.E. Orange County. It has grown every year including 2009 with 15%; growth in sales and 24%; growth in profitability. This company is highly profitable, impeccably organized, and everything is 100%; accountable. Rarely has a great opportunity been easier to determine and easier to verify. These are the premier franchise locations in the industry. The franchisor refers prospective franchisees to look at these locations as the model of correctness in running and maintaining a successful operation. Products include Pay Day Loan (76%;), Check Cashing (18%;), and numerous ancillary services such as wire transfer of funds (6%;) that run like clockwork. In a competitive market, these locations are the competition. All personnel are in place and well trained. New Buyer will receive professional franchise training when franchise is transferred. Seller currently works about 20-25 hours per week but must now devote full time and resources to a new, non-competitive, e-commerce venture that he has launched. New owner will take over the best organized and running money store in the industry. In addition to the funds required to purchase this franchise, Buyer must have working capital to cover outstanding payday checks and check cashing funds that are in the magnitude of 24;300,000. Make money on money21;21;21; Contact Roger Civalleri at 310-539-8300 for more details.