Check Cashing in Philadelphia, PA
Finance & Insurance · Check Cashing/Payday Loans
- Asking Price
- $400K
- Cash Flow
- $250K
- Gross Revenue
- $425K
- EBITDA
- $77K
- Location
- Philadelphia, PA
The primary income stream for this financial services outlet is check cashing, supplemented by a diverse array of ancillary offerings. Additional services like money orders, bill payment, and money transfers via Western Union and Moneygram contribute significantly to daily transaction volume. A seasoned team manages a consistent flow of customers from its prime location within a dense urban area. Operating under a well-known franchise banner provides established operational protocols and brand recognition, which transfers directly to a new owner. The business requires substantial working capital for the initial cash inventory to facilitate immediate operations.
SBA 7(a) estimate
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