Fort Lauderdale, FL
Semi-Absentee Check Cashing Business for Sale Reason for Sale: Retirement- Semi-Absentee Opportunity to acquire an established check cashing franchise. The business provides essential neighborhood...

Fort Lauderdale, FL
Semi-Absentee Check Cashing Business for Sale Reason for Sale: Retirement- Semi-Absentee Opportunity to acquire an established check cashing franchise. The business provides essential neighborhood...
Cash Flow: $98,878

Davie, FL
MAJOR PRICE DROP! Profitable Check Cashing Business – 20 Years Established – Broward County Reason for Sale: Retirement. Located in a high-traffic corridor in Central Broward, this established check...
Cash Flow: $250,000

New Castle County, DE
NEWLY REDUCED PRICE! The buyer will need a cash inventory of approximately $600k-$700K on day one of ownership. All five stores, two in Delaware and three in Pennsylvania, are profitable and fully...
Cash Flow: $696,370

Los Angeles County, CA
Phoenix, AZ
Northampton County, PA
Las Vegas, NV
Macomb County, MI
REAL ESTATE INCLUDED
Richmond, VA
Miami, FL
Available in Multiple Locations
Hillsborough County, NH
Monmouth County, NJ
Fairfax County, VA
Mercer County, NJ
Wayne County, MI
Eric Iffland
First Choice Business Brokers - Toledo #242
Serving Lucas County, OH
Since our founding in 1994, First Choice Business Brokers has grown to become one of the nation's most trusted business sales specialists. We have listed and managed the sale of over $7.5 billion in successful business transactions. First Choice Business Brokers provides you with the benefits that only come from experience and years of proven, tested results. Our goal is to give you the kind of foundation you need to make strong business decisions and plan your exit strategy. We are a business brokerage firm, specializing in the sale and purchase of small to medium size main street businesses and commercial properties. Our Toledo office is led by President/Owner Eric Iffland an industry veteran with 35+ years of experience in sales, marketing, and business ownership.
Wayne County, MI
New Castle County, DE
Philadelphia County, PA
Hudson County, NJ
Green Acres, FL
Available Nationwide
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 12 |
| Asking Price | $305,000 |
| Reported Revenue | $323,884 |
| Reported Seller's Discretionary Earnings | $120,143 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $120,000 | $305,000 | $475,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Check Cashing Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $250,194 | $99,720 |
| Median | $323,884 | $120,143 |
| Upper Quartile | $1,294,892 | $212,500 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Check Cashing Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.27 | 0.99 |
| Median | 0.57 | 2.02 |
| Upper Quartile | 0.90 | 3.03 |
FAQ's
How much does it cost to buy a Check Cashing Business?
The median asking price for an established Check Cashing Business is $305,000, though prices range from under $120,000 to well over $475,000.
How much do Check Cashing Businesses owners earn?
The median reported revenue of Check Cashing Businesses is $323,884 and owners earn a median of $120,143, which includes the owners salary and any other financial benefits they receive.
How do I value a Check Cashing Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Check Cashing Businesses, revenue multiples range from 0.27 to 0.90, with a median of 0.57. Earning multiples range from 0.99 to 3.03, with the median at 2.02. This means the typical Check Cashing Business may ask for around 0.57 times its annual revenue, and 2.02 times its annual owner earnings.
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