Pay Day Loans for Sale in Orange County

Reference #:	2508100067
Location:	Orange County
Price:	$345,000
Amount Down:	$345,000
Revenues:	$337,617
Discretionary Earnings:	$179,000
Total Assets:	$0
Business Description:	This Is About As Close As Printing Money As You Can Get. Income Is Derived From Payday Loans 60%, Check Cashing 36% Netspend And Moneygrams 4%. Fees Charged Are Set By The State. Very Easy To Learn And Operate. Seller Has Had Prior Experience Opening These Stores And Has Written Operations Manual. Fully Computerized And All Income/Transactions Can Be Documented. Both Stores Located In Busy Shopping Centers In Affluent Areas. #1 Location(Established 8 Years) Will Do 63% And #2 Location (Established 2 ½ Years) Will Do 37% In 2009. In 2008 #1 Location Did 72% And #2 Location Did 28%. Sales Are Up For 2009. Purchase Price Is Plus Inventory ( Undeposited Checks) Appox 75,000. Profits Could Be Increased Substancially With Additional Capital. New Website Where Customers Can Apply Online Just Launched.
Contact Us About This Business For Sale The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.