Aug 23, 2016 — Reason for Sale: Change in Career- Profitable Independent Check Cashing & Payday loan business. Full time Owner Operator makes $117k. Fantastic location that supports check cashing and payday loans. $50k of existing payday loans on the books not included with the sale. $192k gross profit per year. Easy to run and seller will train. Franchise buildout but no franchise fees. Lease expires in 2018 but landlord will renew. Perfect opportunity to add on a second location or convert to a franchise concept. Seller does no marketing to help increase the sales volume. Many repeat loyal clients. All payday loans included in the sale.
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