Established Check Cashing Business with Real Estate

View Original Listing

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
Sources:
Date:
September 24, 2025

Key Highlights

Long-established financial services business operating for over 40 years.
Includes commercial real estate, offering security and additional value.
Turnkey operation with steady revenue, loyal customer base, and minimal competition.

Description

This is 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, this trusted one-stop shop offers essential services including check cashing, reloadable prepaid Visa cards, lottery sales, bill pay, and money orders. The business boasts steady revenue streams, a loyal customer base, and faces very little local competition. This turnkey package provides both a proven income source and the significant asset of owning the real estate, making it a secure investment.

Industry Information

Industry Description:
Retail
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:
No

Broker Contact

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

Listing Details

Listing ID:
f42547ed-d10e-4186-a04c-efdbeaa3f8d1
Source Listing ID:
24654
Deal Status:
For Sale
Last Updated:
September 24, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified
Tags & Categories
Check Cashing Financial Services Real Estate Included Established Business Turnkey