Cheque Cashing Business For Sales
-
BUSINESS FOR SALE
Cheque Cashing + Tax Discounting
Downtown Toronto @ Queen/Parliament
Once in a lifetime opportunity. Highly profitable cash cow. Evergreen business established 4-5 years. Mainly Cheque Cashing with large Tax Discounting clientele base. Located right in the ‘Welfare Paradise’.
Note: Contact only when you are ready to place an offer. No General Enquiry (please refer to commercial realty agents and existing franchises eg. Cashmoney.ca, Unicash.com, HRBlock.ca etc. for information).
* Industry Category: Financial Services
* Core Business: Cheque Cashing
* Complementary Business: - Tax Rebate, Money Transfer, Bill Payment etc.
* Highly Profitable: Currently $120K/year net (at least $75K & easily over $100K/year)
* Steady Turnover: $1.5mil - $2mil/yr
* Minimal Overhead: Approx $15 - $25K/yr (one employee)
* Long Established: 4-5 years
* Business Trend: Evergreen, Recession-proof & Steady all year round.
* Growth potential: Possible to increase revenue by 2-3 folds by expanding the loan portfolio
* Premise Lease: Approx. 300sqft. Only $700. Renewal & transferable
* Financial Records: Verifiable P&L, Balance Sheet for 3 years plus ongoing records
* Easy Operation: Clean, neat & straightforward
* Operating hours: 5-days-week. 9am - 6pm
* Operation System: Completely customized state-of-art system from retail transaction all the way to management reports (System Demo available to serious enquiries only)
* Guaranteed Support: Full training & support (term negotiable)
* Family Business: Existing setup is best for small family to operate
* Rare Opportunity: Available due to owner relocating
* Selling Price: Highest Bidder Secured
NB: Present setup not much financeable fixture or equipment. You must be in position to finance purchase entirely in cash. Good credit is mandatory to operate the business.
Email enquiries to [email removed]16 二月 2006, 11:09 Anonymous