Houston Check Cashing Business/$24 Million Annual Checks Cashed
Financial Service Businesses for Sale
- Primary Category: Check Cashing Businesses for Sale
Established check cashing business serving the Houston Market. Processes approximately $24 million annually in total face value of checks cashed-not business revenue. Loyal customer base with approximately 50 daily transactions, streamlined operations, and competitive fees.
Seller training and transition support provided.
No Published Asking Price/Serious and Qualified Offers Invited
Financial Information
- N/A Asking Price
- $256,000 Cash Flow
- $485,000 Gross Revenue
- N/A Down Payment
- N/A Adjusted EBITDA
Business Location
- City: Houston
- State: Texas
Reason for Sale
- Owner is ready to retire
Detailed information
- Year Established:
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: Yes
- SBA Prequalified: Yes
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: No
- Inventory Value: N/A
- Monthly Rent: On request
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: N/A
- FF&E Included?: Yes
- FF&E Value: $10,000
Training/Support
- The seller describes the operation as relatively straightforward and will provide 40 hours of in-person training followed by 20 days of telephone support to assist the buyer’s transition.
Facilities
- Leased space in shopping center with prominent signage and excellent street visibility.
Market Outlook/Competition
- The Houston market provides an established customer base for check cashing services, particularly among individuals and businesses seeking immediate access to funds. Competition includes independent check cash operators, banks, and other financial service providers. This business differentiates itself through more than 25 years of operation, longstanding customer relationships, competitive transaction fees, and its ability to accommodate large commercial and payroll checks.
Business Listed by
Nancy Webb
Sunbelt of Houston - West
Listing ID
HOUSTTX001-60114
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