Miami-Dade County, FL
Established Pawn and Payday Loan Business - Miami-Dade County This well-established pawn and payday loan operation has served the Miami-Dade County community for nearly 30 years since 1995. The...
Miami-Dade County, FL
Established Pawn and Payday Loan Business - Miami-Dade County This well-established pawn and payday loan operation has served the Miami-Dade County community for nearly 30 years since 1995. The...
Cash Flow: $150,000

Richmond, VA
This is a rare opportunity to purchase a long established financial services business, with the flexibility to either lease or purchase the commercial building it operates from. For more than 40...
Cash Flow: $138,417

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

Oakland County, MI
Las Vegas, NV
REAL ESTATE INCLUDED
Essex, MD
Lewisville, TX
REAL ESTATE INCLUDED
El Paso County, TX
Skagit County, WA
Macomb County, MI
Available in Multiple Locations
Phoenix, AZ
Northampton County, PA
Miami, FL
Hillsborough County, NH
Davie, FL
Elliot Dweck
Transworld Business Advisors of TriCounty
Serving Monmouth County, NJ
Before starting our business brokerage office, we’ve owned and operated our own businesses in NY/NJ for over 30 years, including a well known chain of 90 retail clothing stores along on the east coast (you may remember Conway stores with the pink shopping bags), a large portfolio of express carwashes throughout the Tri-State area (the first bunch sold at 11x multiple to a European Private Equity firm), a Brooklyn based printing company in business for 40+ years (Fiveboro Printing), a famous music store in Red Bank (Monmouth Music), and investments in several others. We are proud to be part of Transworld Business Advisors, which has over 40 years of industry experience and the largest broker network in the world consisting of over 250 offices, over 700 agents, represented in 18 countries. In our exclusive database, we have over 500,000 registered qualified buyers who are immediately alerted once we list a business that matches their criteria. Call me directly on my cell if you have ever considered selling or are curious about what your business is worth (917) 757-7715. You could also email me at edweck@tworld.com. Consultations are free and confidential Our website is www.tworld.com/tricounty. Google our office and read our reviews to see why our clients trust us and how we deliver exceptional results. Working with us means expert advice from business owners like yourself, strict confidentiality, 24/7 service, and getting you top dollar for your business that you worked tirelessly to build.
Fairfax County, VA
Wayne County, MI
Wayne County, MI
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 10 |
| Asking Price | $360,000 |
| Reported Revenue | $350,000 |
| Reported Seller's Discretionary Earnings | $155,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $266,250 | $360,000 | $398,750 |
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 | $315,000 | $100,000 |
| Median | $350,000 | $155,000 |
| Upper Quartile | $1,481,235 | $225,000 |
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 | 0.33 | 2.01 |
| Median | 0.78 | 2.31 |
| Upper Quartile | 1.10 | 2.85 |
FAQ's
How much does it cost to buy a Check Cashing Business?
The median asking price for an established Check Cashing Business is $360,000, though prices range from under $266,250 to well over $398,750.
How much do Check Cashing Businesses owners earn?
The median reported revenue of Check Cashing Businesses is $350,000 and owners earn a median of $155,000, 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 0.33 to 1.10, with a median of 0.78. Earning multiples range from 2.01 to 2.85, with the median at 2.31. This means the typical Check Cashing Business may ask for around 0.78 times its annual revenue, and 2.31 times its annual owner earnings.
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