Check Cashing

CHECK CASHING MAKING $85,000 NET INCOME!

Established 22 years ago, but under current ownership since 2008 – the store size is 400 square ft. store with $1,650 monthly rent including NNN. The lease is monthly, but the new owner can obtain a new long term lease. Open 7 days a week at 8:00am – 8:00pm (Mon. to Sat.) and Sundays at 11:00 am – 4:00pm. The Store cashes $500,000 checks a month at 3% fee. The seller claims his Gross Annual Profit is at $180,000 and his Net Income is about $85,000 a year.

The store has a mail box and generated $2,400 a year extra revenue. There are 2 x employees with $6,000 payroll a month and the only other expense is $100 a month for insurance. Motivated seller please hurry, this listing will not last long!!!