Description of the business for sale
COMPANY DOES $180 MILLION A YR IN CHECK CASHING FOR CONV & CHECK CASHING STORES. NETS $1,377,800, 2006 WILL BE UP ABOUT $300K CHARGE 1/2% TO 2%.RETAILERS ARE BEING REJECTRED BY THEIR BANKS TO DEPOSIT CUSTOMER CHECKS. THIS COMPANY WAS FORMED AS A WHOLESALE CHECK CASHING COMPANY 8 YRS AGO TO FILL THE CHECK CASHING NEEDS OF THESE RETAILERS. OVER THE PAST 2 YRS THE BANKS HAVE BECOME EXTREMLY RESTICTIVE IN CHK CASHING FORCEING MORE & MORE RETAILERS TO USE THE SERVICES OF THE COMPANY.
Description of the facilities
Furniture, fixtures, and equipment = 20000
Furniture, fixtures, and equipment included: Y