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You have accessed this listing information from the VR National database through: This business is listed and represented by:

VR Business Brokers - Fullerton, CA
1400 North Harbor Boulevard
Suite 615
Fullerton, CA 92835
(714) 738-1546
www.vr-fullerton.com
tina@vr-fullerton.com
 
VR Business Brokers - Artesia, CA
17100 Pioneer Boulevard
Suite 195
Artesia, CA 90701-5414
(562) 402-2686 x 26
www.bizbizbiz.com
vr@bizbizbiz.com

Business Listing Details

LISTING#:
01981310

 H1800: Check Cashing Stores
ONSITE COMPANY PAYROLL CHECK CASHING
LOCATION: Los Angeles
  
ASKING
PRICE
$850,000		 AMOUNT
DOWN
$425,000		 REVENUES:
   
$918,425		 DISCRETIONARY
EARNINGS
$300,425		 TOTAL
ASSETS
$175,000

  • This business goes on location as a service to company employees cashing their payroll checks. Personal Checks are not cashed!

  • 8 Security Vans are used to service 50+ companies throughout SoCal.

  • Companies are screened and service is contracted.

  • Business hours cater to Payroll Schedules primarily on Thursdays and Fridays.

  • Also included in the price are two stand alone traditional "brick & morter" check cashing facilities.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.