Established Check Cashing & Loan Business With Strong Customer Base

This is an established financial services business that has been a cornerstone of the community since 2001. We are loved by our strong customer base with great reviews online. We currently net over 200k income without any advertising or potential added services. Our services include check cashing, payday loans, wire transfers (Western Union & Ria), money orders, and bill payments. We currently are fully licensed for Deferred Deposits in California as well as having a CFL License that is not actively being used for personal, auto title, or mortgage loans. This has been a great and successful business since its inception but we are selling in order to take on full multi-unit property management for our family. Location: Buena Park, California Year Established: 2001 Number of Employees: 0 Real Estate: Leased Building Sq. Ft.: 1,460 Rent: $1,726.00 Per Month Facilities: Bulletproof glass and wall with secure bulletproof doors. Double door security in the office area with large heavy duty safe, security camera system, desks, computers, check cashing software, scanner devices, printer, money counter, adding machine, and more. Market Outlook/ Competition: We have a prime location near businesses and an amusement park. There is competition from another company in the area but we help each other out with referrals and alert each other of any fraudulent activity. Growth & Expansion: This business has grown organically without any advertising in the last few years. There is huge potential to take it to the next level for both check cashing and loans. We get calls daily regarding loans that we don't currently offer. We also have an inactive CFL License that could be utilized for auto title loans, personal loans, and mortgage loans. We were originally using it for auto title referrals to another company but that program was discontinued by the company.