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Listing Number: 101-21479
Category: Miscellaneous, Professional Services
Asking Price | $125,000 |
Down Payment | |
Gross Revenue | $138,824 |
Total Adjusted Net Income | |
Equipment / Fixtures | $20,000 |
Year Established | 2019 |
General Location | Las Vegas, NV |
The seller is seeking a buyer who already has the necessary licenses to own and operate this type of a business. The ideal buyer is someone already in the industry, with the required licenses, looking to expand and take over this location. The business is well established for many years and has a prime location on one of the busiest roads in Las Vegas leading to the strip. Services currently offered consist of title loans, payday loans and signature loans, seller claims room for growth by expanding services offered such as check cashing or increasing amount of loans as seller receives several calls daily for new loans despite no desire to grow the business. Seller states that the business has the lowest default rate in the state due to the successful operation of the business for many years.
Gross Revenue | $138,824 | Listed Price | $125,000 |
Total Income | Down Payment |
Base Rent | $3,600 | Square Feet | 2400 |
Total Rent | $4,560 | Lease Expiration | 06/2023 |
Rent Deposit | $7,500 | Lease Options | 1 5 years |
Inventory | Not Included | Leasehold Improvements | $0 |
Equipment / Fixtures | $20,000 | Other Assets |
Full-Time Employees | 2 | Training Period | 14 days |
Part-Time Employees | Special License Required | payday license | |
Contract Staff | Reason for Selling | Moved out of state |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.