Check Cashing in Richmond, VA
Finance & Insurance · Check Cashing/Payday Loans
- Asking Price
- $700K
- Cash Flow
- $150K
- Gross Revenue
- $250K
- EBITDA
- $45K
- Location
- Richmond, VA
The primary revenue driver for this establishment is the processing of checks for immediate cash, complemented by the distribution of prepaid Visa cards. Further income streams are secured through the sale of lottery products, utility bill payment facilitation, and the issuance of money orders. This business thrives on a dedicated local clientele and faces negligible direct market rivalry. Day-to-day activities encompass a range of financial transactions alongside ancillary services such as postage and document duplication. A new owner acquires a fully operational enterprise with multiple, well-established income channels.
SBA 7(a) estimate
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