Check Cashing And Payday Loan Business For Sale - Business for Sale

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Check-Cashing and Payday Loan Business in NW Florida

FL, US
Added 1 month ago
Check Cashing and Payday Loan Services

A check-cashing and payday loan business established in 1997, located in NW Florida, providing financial services including payroll, tax refunds, insurance drafts, money transfers, and payday loans.

Key Information

Asking

$225K

Revenue

$154K

Earnings

$110K

Multiple

2.0x

Key Highlights

  • Check-cashing and payday loan business located in NW Florida
  • Established in 1997; current owner since 2002
  • Monthly rent: $1,200 for a storefront in a strip mall
  • 16’ van body billboard truck with signage included in sale
  • Inventory of existing outstanding payday loans available for negotiation
  • New operator will be required to have MSB licenses for check cashing and payday loans
  • Owner works 35 hours per week

Contact Info

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