Check Cashing and Payday Loan Business for Sale in North Lauderdale, FL

This listing presents an excellent opportunity to acquire an established, franchised check cashing and financial services business located in North Lauderdale, Florida. The business has been operating for over 8 years and generates approximately $4,000,000 in annual revenue, with a net profit of $46,000 before salaries. Services offered include check cashing, payday loans, bill pay, Western Union, money orders, ATM, bus passes, and phone cards. The business features over $40,000 in buildouts and furnishings, and there is no franchise transfer fee. The leased premises are 1800 SF with 3 years remaining on the lease at $2,000 per month. The owner is relocating, making this a prime opportunity for a new owner. A new franchise of this type would cost over $212,000 to open. Serious, qualified buyers are encouraged to inquire. The owner is willing to provide 2 weeks of on-site training, with additional training provided by the franchise. Competition exists within a 3-mile radius, including other payday loan and check cashing services. Potential for growth includes offering additional services and increasing advertising efforts.