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Phonecard Store & Currency Exchange
Location: United States -> Illinois -> Chicago
Industry: Retail > Other Retail

Business Summary

Established Bustling Prepaid Phonecard Store and Currency Exchange(ctpsactlaw). It's hard to imagine a better location for a phonecard store and currency exchange: Twenty feet from the entrance to one of the area's busiest ethnic groceries, sharing a parking lot with the grocery itself and several other convenience businesses.

Right now, the business features several fully outfitted private telephone booths for immigrants to make international calls, plus a multi-teller bullet-proof glass sales counter typical of currency exchanges throughout the Chicago area. At times, the line is six-deep to buy prepaid telephone cards or to pay for use of the telephone booths.

The owner says the already brisk trade can be readily and profitably expanded by adding check cashing and utility payment services. The large store has extra counterspace, built in anticipation of setting up a mail and overnight package drop-off desk. This and several other services are ready and waiting for the next owner to begin offering.

The current owner wishes to rejoin family, which has moved out of Illinois. Extensive specialized buildout, security devices, and licenses are included in the purchase price. Contact for more information on this Phonecard & Currency Exchange business for sale.


Asking Price Range:  < $250K
Gross Revenues:   $396,000
Cash Flow:   $80,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train.
Reason For Selling:  Relocating.

Print Listing Id: 70057045
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