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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Charleston, SC 1180 Sam Rittenberg Blvd. Ste. 200 Charleston, SC 29407 (843) 766-4000 www.vrcharlestonbiz.com info@vrcharlestonbiz.com |
VR Business Brokers - Greenville, SC 234 Adley Way Greenville, SC 29607 (864) 335-5222 www.vrgreenville.com vr@vrgreenville.com |
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Business Listing Details |
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LISTING#: |
H1800: Check Cashing Stores Profitable Check Cashing & Money Services Business |
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LOCATION: Upstate South Carolina |
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ASKING PRICE $230,000 |
AMOUNT DOWN $230,000 |
REVENUES: $244,930 |
DISCRETIONARY EARNINGS $75,230 |
TOTAL ASSETS $76,534 |
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| Founded in 2003 to offer financial services catering to the needs of the unbanked and the underbanked segments of the population, this business offers a variety of money services including check cashing, money order, wire transfer, bill payment, prepaid mobile phones, and phone cards. With 3 locations throughout Upstate South Carolina, this operation has established a stable repertoire of repeat customers and a platform for the further development of a regional brand in the money services industry. This is an ideal opportunity for an existing money services business to strategically expand its footprint in this area, while generating healthy cash flow. Alternatively, it is an excellent opportunity for a new entrant to invest in a strong regional platform in this growing industry. |
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| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |