Check Cashing and Payday Loan Business for Sale in NW FL Panhandle
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Financial Details
- Asking Price:
- $250,000
- Annual Revenue:
- $153,837
- Cash Flow / SDE:
- $110,308
- Valuation Multiple:
- 2.3x
- Location:
- Escambia County, FL, US
- Source:
- Date:
- April 30, 2025
Key Highlights
- Check-cashing and financial services business established in 1997.
- Located in NW Florida, offering check cashing, money transfers, and payday loans.
- Requires MSB licenses for check cashing and payday loans; owner retiring.
Description
This is a check-cashing and financial services business located in NW Florida, established in 1997. The business provides check-cashing services, money transfers, and payday loans. A new operator will be required to have MSB licenses for Check Cashing as well as Payday Loans. The owner is planning to retire.
Industry Information
- Industry Description:
- Services: Financial, Accounting, Insurance
- Classification:
- Financial Services
Listing Details
- Listing ID:
- f3716a32-d9ca-493a-86cf-8585033d6db6
- Deal Status:
- For Sale
- Date Posted:
- April 30, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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