Check Cashing/Maxi Transfer Business

Reference Code 0677

This is a great opportunity to own a successful, profitable Check Cashing/Maxi Transfer business in Wayne County. Established since 2010, this high volume, lucrative business is located in a neighborhood discount store with steady client traffic coming through normal business hours. This easy-to-run business is currently being operated and managed by 2 part-time employees. Very loyal clientele with low overhead! Current services include Check Cashing, Maxi Transfers, Print Services, Bill Payment, Money Order, E-Pay and more. Current owner does not advertise…a new owner/operator with some creative advertising/marketing along with adding Translation Services, Western Union, ATM and Payday Loan, you have HUGE potential. A must see/must have business that will not last long. Seller will train and entertain all reasonable offers. Don’t miss out on this great business!

Business Location Wayne County, MI

Gross Sales $3,000,000 Cash Flow $100,000+ Business Price $360,000 Down Payment $300,000 Monthly Payment $2,686.35 Interest Rate / Amortization 7% int., amortized over 24 months License Required BSA/Bank Security Act Employees Part Time 2 Date Established 2010 Hours of Operation Mon-Fri 9am-8pm / Sat 9am-7pm / Sun 10am-6pm Rent $750 Gross Lease Period New Lease Required Reason for Sale Downsizing Portfolio