Cheque Cashing, Cash For Gold, Short Term Cash Buyback Fully Licenced With Cheque Cashing Bank

3/wk

Cheque Cashing, Cash for Gold, Short term Cash Buyback Fully Licenced with Cheque Cashing Bank facilities
Ref.CG075
Location Chelmsford, Essex
Asking Price £ 48,500
Asking price includes:

Turnover circa £617,000 per annum
Gross Profit circa £50,000
Fully Licensed
ATM machine
Bank facility to cash cheques
Business profile:
This business was started in 2011 as an expansion programme, excellent high street location, very high footfall. Primary business is Cheque Cshing which accounts for 60% of the trade, Gold Purchase accounts for 30% of the trade, with the remaining 10% achieved from Pawn Broking.

Very well run business with the benefit of a high end bespoke computer system enabling the cheque cashing business to trade within the strict Money Laundering Act.

Facilities:

100% secure shop, incorporating bullet proof glass, High level security system, CCTV, 2 x safes (one combination and one locked) ATM Machine, Money Laundering licence

Growth Potential:

The current owner employs one member of staff to run and operate the business and would benefit from a fresh marketing campaign to boost its branding.

Training/Support:

The current owner is prepared to stay to ensure a smooth handover.

Sale Reason:

The current owner has realised that operating two businesses