Payday Loan Store For Sale

www.GlobalBX.com

Listing ID: 700225704

Listing Title: Payday Loan Store For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=225704

Industry: Business Services

Industry Segment: Financial

Country: United States

State / Province: California

Area Southern California - Los Angeles Area

City: South Bay

Asking Price Range: < $250K

Gross Revenues: $126,093

Cash Flow: $120,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2000

Number of Employees: 1 - 3

Business Description:
PROFITABLE, ESTABLISHED PAYDAY LOAN COMPANY IN SAME LOCATION FOR 15 YEARS. The business is centrally located in a densely populated area on a well known Los Angeles cross street, surrounded by twenty South Bay cities. Easy to operate and market right from the store. We are exclusively a payday loan company, and experts in the field. The new owner has the option to add other services, included but not limited to check cashing, money orders, title loans, consumer loans, bill pay, wire transfers, DMV services, debit cards and notary public. Company will train and direct new owner in set up and store operations to ensure a profitable exchange. Company will also provide an employee for initial two week period, and will provide contact for payday loan software currently in use. Store includes security glass with four stations as well as alarm. Financials will be available to serious buyers only upon verification of funds. New owner has option to run business to reduce employee cost or can hire a full-time or pert-time employee. Training for gold buying will be available. As of August 2014 approximate inventory of checks is 40,000 Serious inquiries only.



« Close this window »