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Finance & Insurance

Check Cashing Store

Richmond, VA, USA
Updated 122 days ago

Check Cashing Store This is a rare opportunity to purchase not only a long-established financial services business but also the commercial building it operates from. For more than 40 years, this location has served as a trusted one-stop shop for check cashing, reloadable prepaid Visa cards, lottery sales, bill pay services, money orders, stamps, faxes, and copies. With steady revenue streams, a loyal customer base, and very little competition in the area, this turnkey package offers both a proven business and the security of owning the real estate.

Location

Richmond, VA (Richmond City County)

Real Estate

Real Property Included

Premises Details

This is a seller-owned location of 1,792 square feet. Property is valued at $305,000 and is included in the business asking price. The seller is active in the business. Hours of operation are Mon - Thur 9-6, Fri 9-7, Sat 9-4, Monday-Saturday. $5,000 in FF&E included in the asking price. Need to register with FINCEN.

Years Established

45 Years

Support & Training

30 Days

Size In Square Feet

1,792

Reason for Selling

Spend More Time with Family

Financials

Asking Price
$700K
RevenueMost Recent Year
$258K
Earnings (SDE)Last Reported
$138K
Assets ValueIncluded in Asking Price
$5,000
Seller Financing
Not available

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