Check Cashing and Payday Loan business in NW FL… — Sale in Mobile, FL

  • Price: $250K
  • Listing type: For sale
  • Asset type: Business
  • Location: Mobile, FL 32113

Investment Figures

Gross rent multiplier
1.6x

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Check Cashing and Payday Loan business in NW FL Panhandle Introducing an exceptional Check-cashing and financial services business in NW-Florida established in 1997 with current owner since 2002. This company provides services common in the check-cashing industry, catering to individuals seeking immediate access to funds from checks including Payroll, Tax-refunds, Insurance drafts and money transfers along with Payday Loans. Owned by a licensed professional with an established location on a main thoroughfare. Note: new operator will be required to have MSB licenses for Check Cashing as well as Payday LoansBenefits include experienced knowledge of industry, instant market penetration, existing infrastructure, and steady cash flow. 16’ Van Body Billboard Truck with signage included.Inventory of book of existing outstanding payday loans available for negotiation.The business's established reputation, customer recognition, and local market knowledge further bolster the acquirer's competitive advantage.Growth opportunities abound, and the groundwork laid by the business paves the way for easy expansion, diversification, and synergy creation.In essence, this acquisition offers an industry player a comprehensive solution to fortify their position in the Check-cashing / Payday Loan sector, particularly within the NW Florida Panhandle region.

Market Context

This commercial property in Mobile, FL is listed for sale at $250,000. It has been on the market for 86 days. Compare it against other commercial property listings for sale in Mobile, FL — view the full market.

Contact

  • doug whiting — sunbelt of mobile
  • Doug Whiting

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