Cheque Cashing Store For Sale

• BUSINESS FOR SALE
  Cheque Cashing Store
  Downtown Toronto
  
  Highly profitable established Cheque Cashing Store with large Tax Rebate clienteles located in downtown Toronto available for immediate takeover (offer ends in 2 weeks time)
  
  * Industry Category: Financial Services
  * Core Business: Cheque Cashing
  * Complementary Business: - Tax Rebate, Money Transfer, Bill Payment etc.
  * Highly Profitable: Net currently $120K/yr (at least $75K & easily over $100K/year)
  * Steady Turnover: $1.5mil – $2mil/yr (conservative &
  * Minimal Overhead: Approx $20 - $25K/yr (one employee)
  * Long Established: Over 5 years
  * Clientele Base: Approx. 750 regulars
  * Business Trend: Recession-proof. Steady all year round.
  * Premise Lease: Approx. 300sqft. Only $700. Renewal & transferable
  * Financial Records: Verifiable P&L, Balance Sheet for 3 years plus ongoing records
  * Easy Operation: Clean, neat & straightforward
  * Operating hours: 5-days-week. 9am - 6pm
  * Complete System: From retail transaction through management reports (see System Demo)
  * Professional Training: Full training (term negotiable)
  * Guaranteed Support: Full support (term negotiable)
  * Manual & Procedures: Operation manual and procedures available
  * Family Business: Existing setup is best for small family to operate
  * Rare Opportunity: Available due to owner relocating
  * Contractual Commitment: Freehold or franchise
  * Asking Price: $200K (freehold) $150K (franchised)
  
  NB: Able to finance purchase in cash and good credit is mandatory.
  
  Email enquiries to [email removed]

  25 Nov 2005, 04:20 Anonymous