Payday Advance - 39% Net Margins!

Primary Category: Paycheck Advance

Asking: $65,000
Gross: $106,200
Cash Flow: $50,600

Summary Description

Hurry on this one-business is priced to sell right away! Seller is very motivated!

Great opportunity to own a successful, growing business in the payday advance industry.

This business comes with the accounts receivables in place to finance current customer payday advances-truly a turnkey operation!

PA (Payday Advance) is a successful, growing family-owned and operated business that has been serving Corona for the past 5 years. PA has a very loyal customer base and as a result has a very low default rate. PA has a high traffic location driven by yellow page advertising, customer referrals and drive-up from the main street.

PA has great growth potential by adding more services such as check cashing, wire transferring, small asset loans, etc. There is minimal competition in the local area for these sevices. There is a favorable lease in place on the store location.

The seller will carry the required license for the business until the new owner secures their own. The seller will thoroughly train on all aspects of the business.

Disclaimer Information has been provided by the sellers.  Broker has not verified this information makes no representation or warranties as to its accuracy.  Prospective buyer(s) should rely upon their own verification and that of their financial and legal advisors for this information

General Information
Year Established: 2003
Employees: 2 part-time
Facilities: 850 sq. ft.

About the Sale
Support/Training: Yes
Reason Selling: Other Interests

Contact Information
Contact: Rick Oxenham
Phone: 909-618-5041
Email: rick@plethorabusinesses.com