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Business for sale in United Kingdom - Cg047-franchise resale - cheque cashing & instant cash loans business-hertfordshire
| Asking Price: | 300,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 355,000 £ | ||||||||||
| Net Profit: | 108,000 £ | ||||||||||
| Year Established: | 2000 | ||||||||||
| Employees: | 2FT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Business categories:
Business description
this is a fresh and exciting retailing and financial services concept with a business concept which incorporates a modern and friendly environment offering the following services: pawnbroking & buyback service, buy and sell pre-owned goods, buying unwanted gold and jewellery, third party cheque cashing facility available, pay day loans, worldwide money transfer & bureau de change.
the business model benefits from a range of revenue streams and avoids the seasonal trends often experienced in other industries. For example customers could be seeking a short term loan, to sell an item of value, cash their salary cheque, sell their gold or use the traditional pawn broking service. The store is a hive of activity where the customers can purchase a range of quality pre-owned goods. The business also benefits from being part of a franchise network, therefore any new owner would have the ongoing support of the franchisor.
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | The owner will provide full business familiarisation, training and handover to ensure continuity of trading. |
| Reasons for selling: | One partner wishes to retire and the other partner now wishes to pursue other areas of interest. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Not Disclosed |
| Location: | The business operates from shop premises that are on a renewable lease. |
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