Check Cashing Business in Monmouth County, New Jersey
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Financial Details
- Asking Price:
- $120,000
- Annual Revenue:
- $198,118
- Cash Flow / SDE:
- $124,800
- Valuation Multiple:
- 1.0x
- Location:
- NJ, US
- Source:
- Date:
- July 17, 2025
Key Highlights
- Established check cashing business operating for 30 years in Monmouth County, NJ.
- Processes $10 million annually with exclusive operating rights within a 2,500-foot radius.
- Owners retiring and will provide training; requires $150,000 working capital.
Description
Established check cashing business with 30 years of operation in Monmouth County, New Jersey. The business processes approximately $10 million in annual transactions and operates with exclusive rights within a 2,500-foot radius. The current owners are retiring and will provide training for a smooth transition. A working capital of $150,000 is required.
Industry Information
- Industry Description:
- Financial
- Classification:
- Financial Services
Listing Details
- Listing ID:
- 0df53676-4182-454d-a419-b12e5e3b2768
- Deal Status:
- For Sale
- Date Posted:
- July 17, 2025
- Last Updated:
- July 17, 2025
- Currency:
- USD
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