Business Overview
About the Company
**Business Description**
**Easy to run business 100% Owner absentee**
This is an easy\-to\-run business that is currently operated 100% absentee by the owner\. The check\-cashing and payday loan business has been established for 16 years and is located in a highly visible, high\-traffic area\. The business is managed with one full\-time and one part\-time employee\. Services offered include personal and payroll check cashing, payday loans, and additional income streams from Western Union \(ranked in the top 5 in the state\), ATM, lottery, bill pay, and money orders\.
**Asking Price does not include FF&E, inventory, and real estate\.**
**Detailed Information**
- Real Estate: Leased
- Building SF: 2,200
- Lease Expiration: 10/1/2028
- Furniture, Fixtures, & Equipment \(FF&E\): Included in asking price
- Facilities: This traditional check\-cashing and money transfer business is located in Mansfield, in a highly visible, high\-traffic area\. The store spans 2,200 square feet and is being sold with all furnishings and fixtures, both inside and outside, including all signage\.
- Competition: Very little direct competition\. Mostly, Hispanic grocery stores\.
- Growth & Expansion: Given the size of the store, there is potential to add complementary services, such as: Tax preparation services Shipping and receiving \(USPS, FedEx, or UPS\) Convenience store
- Support & Training: Seller to provide 2 weeks of full training after the closing date at no cost, and 2 months' phone support as needed\.
- Reason for Selling: Owner have health Issue\.
