Very Profitable Check Cashing and Market

Very Profitable Check Cashing and Market

Very Profitable and Established Market Since 1946.
HIGH VOLUME CHECK CASHING!
Great Corner Location in Tucson
High Traffic Count and Ample Parking.
Seller prefers to sell real estate as well

Check cashing is very popular and provides customers for all other products!


Full-service market in high traffic location. The business also includes a complete kitchen and deli, currently serving Chinese and Vietnamese meals. The market offers cigarettes, groceries, Lottery tickets as well as check cashing and a large selection of beer and wine. Very loyal clientele. A new energetic owner that would promote the store and deli could greatly increase sales and profits.

Business could sell beer and wine with a #10 liquor license. Current #9 license for liquor is available.

Please refer to listing ID: 18-3407

Industry:  Retail Stores
Industry Segment:  Convenience Stores
Geography:  United States > Arizona > Tucson
Asking Price:  $275,000
Gross Revenue:  $561,068
Cash Flow:  $142,788
Value of Inventory:  $85,000 (Included in Asking Price)
Value of Equipment:  $60,000 (Included in Asking Price)
Value of Real Estate:  $750,000
Year Established:  1946
Number of Employees:  4FT, 2PT
Mgmt. Training/Support:  Familiarization Period: Up to one month hands on.
Reason For Selling:  Health and Retirement force sale.
Facilities:  Business Premises approx. 5,295 SF Property is Owned by seller. Real Estate for Sale: $750,000 Buyer to obtain new financing – SBA approved lenders require 10% down on 25 year note, payments approx. $4,770. Date of Building Construction: 2003 Property Zoning: C-2 Retail
Name:  Jon A. Barger, CBB, SBA
Email:  tbi@tucsonbusiness.com
Phone:  (520) 750-1764

 

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