Multi-Location Check Cashing Business with Diverse Revenue Streams

Financial Services
New Castle County, DE
Asking Price:
$950,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

This portfolio includes four profitable check cashing locations spanning Delaware and Pennsylvania, each generating steady income through a variety of financial services. Established in 2013, these stores benefit from well-rounded revenue sources including check cashing fees, money transfer services like Western Union and MoneyGram, bill payment facilities, lottery sales, and state-regulated gaming machines in the Pennsylvania locations. Their strategic positioning in a region with a growing population above half a million and median household incomes nearing $90,000 enhances their market potential. Well-staffed and operating under mature management systems, the stores offer a stable cash flow profile relative to the asking price. A significant cash reserve is necessary at acquisition to maintain operations, with seller financing options available. Training support is provided to enable a smooth ownership transition.

Facilities & Infrastructure

Property Highlights

Key Business Facts

Cash Flow
$696,370
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$1,585,882.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
N/A
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 2013
Employees N/A
Inventory
N/A
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
N/A
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

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Market Insights

Demographics (County)

Population Growth (5y) 3.22%
U.S. Avg. +4.1%
Median Household Income $89,901
U.S. Avg. $74,600
Median Age 39.20
U.S. Avg. 38.9
Bachelor’s Degree+ 39.22%
U.S. Avg. 38%

Economy

State GDP $82,090M
U.S. Avg. $28.8T
GDP YoY 1.21%
U.S. Avg. +2.4%
Unemployment 3.76%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 398
U.S. Avg. 380
Property Crime / 100k 1959
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

Operation & Support

  • Comprehensive two-week training and transition period
  • Multiple financial service licenses and approvals in place
  • Seller financing options available to facilitate acquisition

Lifestyle Fit

  • Suitable for buyers seeking a multi-unit financial services operation
  • Estimated Moderate Management commitment due to multi-location coordination
  • Owner role focuses on oversight and strategic growth rather than daily tasks
  • Operational infrastructure supports semi-remote management potential

Process & Next Steps

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2. We’ll send available details about this listing and opportunities like it.

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Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

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