Wire Transfer and Check Cashing Store

1 year ago Triangle, United States Ad Views:870 Ad ID: 2276

Additional Details

  • Ad ID2276
  • Posted On1 year ago
  • Ad Views870
  • Price$600,000

Description

Urban Wire Transfer and Check Cashing Store

Rare opportunity to purchase a profitable, high volume money transfer and check cashing store. Known for their outstanding service and a fixture in this Triangle community for two decades, this store has a great reputation and hundreds of regular customers! This standout business processes on average $17,000,000 in transactions per year.     

In addition to this high-volume money transfer business, the space hosts a profitable, yet underutilized, tacoria. The new owner can add to the menu to increase sales.

Gross Revenues in 2016 were $385,000 with Seller’s Discretionary Earnings of $314,000. Current owners have owned the shop for over 20 years and are looking to retire

Great opportunity for an owner operator or as an add-on to a portfolio of wire transfer, check cashing or short order restaurant. Asking price: $600,000.  

2276