Onsite Check-Cashing Business for Sale – Low Asking Price

This business provides onsite check cashing services for employees of local businesses. The owner visits job sites weekly on paydays and processes checks onsite for the staff. Established for 20 years, the business currently services approximately 10 accounts across Maricopa County. In its current model, the seller operates alone and puts in around 10 to 15 hours a week on the business. The sale of the business includes two armored vehicles, each equipped with bullet-proof glass and cashier windows for receipt and distribution of checks and money. Seller reports having no security issues since inception of the business, and has confirmed with his banking institution their agreement with continuing to work with the buyer in the same capacity and cash third-party payroll checks. In addition to the asking price of the business, the buyer will need between $150,000-$200,000 in liquid-cash for weekly working capital. The seller is motivated, willing to finance the sales price, and only asking $120,000 for his business. Location: Maricopa County, Arizona Growth & Expansion: There is opportunity for growth.