Check Cashing Business with Real Estate in Richmond

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Financial Details

Asking Price:
$700,000
Annual Revenue:
$257,502
Cash Flow / SDE:
$138,417
Profit Metric:
Total Income
Valuation Multiple:
5.1x
Location:
Richmond, VA, US
Sources:
Date:
September 23, 2025

Key Highlights

Long-established (40+ years) financial services business.
Includes commercial real estate, offering security and added value.
Turnkey operation with steady revenue streams, loyal customer base, and minimal competition.

Description

This listing presents a rare opportunity to acquire a well-established financial services business, operating for over 40 years, along with the commercial building it occupies. Located in Richmond, VA, this turnkey operation offers a trusted one-stop shop for check cashing, prepaid Visa cards, lottery sales, bill pay, money orders, and other essential services. The business boasts steady revenue streams, a loyal customer base, and faces very little competition in the area. The inclusion of the real estate provides significant security and value. With zero employees and a 30-day training period offered, this business is poised for continued success.

Industry Information

Industry Description:
Financial Services
Classification:
Financial Services

Operational Snapshot

Year Established:
1980
Employees:
0
Reason for Selling:
Spend more time with family

Real Estate & Lease

Status:
Included
Monthly Rent:
$0 USD

Assets & Inventory

FF&E Value:
$5,000 USD
Includes FF&E:
Yes
Inventory Value:
$0 USD
Includes Inventory:
Yes

Broker Contact

Name:
Patricia Griswold
Company:
First Choice Business Brokers
Phone:
8045207557

Listing Details

Listing ID:
271a4177-4248-49cb-b295-01a6147b8be2
Source Listing ID:
24654
Deal Status:
For Sale
Last Updated:
September 23, 2025
Currency:
USD

Features & Tags

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Tags & Categories
Check Cashing Financial Services Real Estate Included Established Business Richmond