Income! $125,000 Check Cashing, PayDay Advance,Gold Buying Store

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Great income opportunity! 

$65,000 +/ Net Earnings! All transactions are recorded using software system which makes for easy accounting and verification of income.

This Business is known for its great service repeat loyal customers.

Priced to sell quickly!! This check cashing, payday advance, and gold buying business has been generating profits consistently since its inception in 1996. It is located on a busy intersection in the Reseda area of the San Fernando Valley. The rent is very favorable $2950 with 4 years left. Dense residential mixed area. Well known anchor tenant located in the same complex.

Services offered: check cashing, payday advance, western union, car title loans, ATM, bill pay service, notary, money orders, gov. tax refund cashing, DMV services, phone cards, plus many more services.

Expansion opportunities

Mail Boxes, Copy Machines, Fax Machines, Cell Phones, key copy, lotto

Starting a check cashing business can be hard so why not buy an existing successful businesss?

What types of checks do Check Cashing Businesses cash?

  • Payroll Checks
  • Personal Checks
  • Tax refund checks
  • Unemployment Checks
  • Welfare Checks
  • Social Security Checks
  • Government Checks
  • Official Checks
  • Settlement Checks
  • Insurance Checks
  • Cashiers Checks
  • Two Party Checks
  • Business Checks
  • Checks payable to your business.

What other services do Check Cashing Businesses offer?

Check Cashing businesses often call themselves financial service centers for good reason. These businesses tend to offer a variety of financial services that may include:

  • Payday Loans and other types of Loans.
  • Money Transfers
  • Bill Payments
  • Money Orders
  • P.O. Boxes
  • Stamps, envelopes, and mailing services.
  • Notary Public
  • Currency Exchange
  • Prepaid debit and credit Cards
  • Public transportation passes and tokens.
  • EBT services
  • Photocopying and Faxing services
  • ATM machines.
  • Motor vehicle renewal and registration.

Why use a Check Cashing Business?

There are many advantages that Check Cashing, and other financial service businesses have over Banks and other traditional financial institutions. Some of these advantages include.

  • Convenient hours of operation, usually open earlier and longer than banks.
  • Quick Access to Cash
  • No holds on your checks
  • No lines
  • Great customer service
  • Low fees
  • Multiple financial services.

Who visits Check Cashing stores?

People use check cashing and other financial service business for their convenience, friendly customer service, as well as their ability to cater to several financial needs all at once. It is not uncommon for a customer to cash their paycheck, pay all of their utility bills for the month, pay their car payment along with their rent or mortgage payment, and add funds to a secure prepaid Visa® or MasterCard®, all in one short visit. Check Cashing companies usually offer membership programs that make these transactions even easier for returning customers. They also usually involve benefits and discounts for loyal customers.

 

Please click here for more information and to request and NDA for further information.  

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