Tupelo Data Room
Check Cashing
Active

Semi-Absentee Check Cashing

Lauderdale Lakes, Broward County, Florida, United States
Asking Price$95,000
Revenue$342,768
EBITDA-
Cash Flow$98,878
Description
Semi-Absentee Check Cashing Business for Sale Reason for Sale: Retirement- Semi-Absentee Opportunity to acquire an established check cashing franchise. The business provides essential neighborhood services including check cashing, money orders, Western Union, bill payment services, bus pass sales, and related cash services. The business serves a local customer base and benefits from a convenient location in a busy commercial area. Its services are valuable to customers seeking fast, reliable access to check cashing, money transfers, and other financial services outside of traditional banking. Revenue is generated through multiple service lines, including payroll check cashing, government check cashing, tax refund check cashing, cashier’s checks, money orders, wire transfers, bill payments, and cash advance services. This variety of offerings provides several potential income streams from one operating location. Florida check cashing businesses operate in a regulated industry with established compliance requirements. Transactions are processed through a statewide real-time database, helping support secure operations and fraud prevention. Great franchise support & training. This is a strong opportunity for a buyer looking to acquire or expand within the check cashing and money services market.
Real Estate
Rent is $3,900 per month
Building Size: 1000 sq. ft.
Furniture Fixtures & Equipment
$25k
Business is
Absentee Owner
Number of EmployeesFull-Time: 2
Year Established
2022
Reason Selling
Retirement
Support & Training
Franchisor will train
Asking Price$95,000