Check Cashing & Financial Services Business for Sale in Pennsylvania, United States
|Employees||10 - 50|
|Legal Entity||C Corporation|
|Reported Sales||USD 4.3 million|
|Run Rate Sales||USD 4.3 million|
|EBITDA Margin||19 %|
|Local Time||1:08 AM America / New York|
|Listed By||Advisor / Business Broker|
- This company is among the largest privately owned check cashing operations in the state of PA.
- A financial services business with 20 retail store locations strategically located throughout the Philadelphia market.
- In addition to Cashing Checks, this company also offers and specializes in selling money orders, bill payment services, money transfer and wiring, pre-paid debit cards, state lottery sales, public transportation passes and tokens, faxing, copies, corporate wholesale check cashing and armored car cash delivery services.
- The company also owns a fleet of ATM machines, is a licensed money transmitter in the states of NJ and PA and is one of the few check cashers in the United States that has the ability to sell.
- It’s own money orders and process their own store branded pre-paid debit cards.
- This company is recognized as the leader in the financial services industry and is the premier check casher in the state of PA.
THE Company is currently operating 20 store locations in the State of PA.
12 locations are owned by the seller and 8 locations are rented under long term lease agreements.
Some of the rented locations include independent tenants who are paying rent to the seller.
Seller will consider selling any of the 12 properties / locations or will lease them back to the buyer of this business.
Type of Location: Commercial.
Small commercial real estate locations.
Earlier than 15 daysDirector, Restaurant And Bar, Monroe, Individual Investor / Buyer connected with the Business
Earlier than 15 daysDirector, Payment Services, Chicago, Individual Investor / Buyer connected with the Business
Earlier than 15 daysFounder, New York, M&A Advisor connected with the Business