Wayne County, MI
A business like this rarely comes to market. This dedicated check cashing business was established 25 years ago. The current owners took over 3 years ago and have multiplied profits by 4x! Interior...

Wayne County, MI
A business like this rarely comes to market. This dedicated check cashing business was established 25 years ago. The current owners took over 3 years ago and have multiplied profits by 4x! Interior...
$799,999
Cash Flow: $450,000

Roselle, NJ
Great Check Cashing Business for Sale. Conveniently located in the town of Roselle, on the border with Elizabeth, NJ. This business provides the following services, such as: Money order, pay bills,...
$10,000

Maricopa County, AZ
An excellent opportunity for a buyer seeking a profitable, easy-to-run business built around steady daily cash flow from money transfer services. With 15–30 transfers per day, this operation attracts...
$75,000
Cash Flow: $80,722

Davie, FL
MAJOR PRICE DROP! Profitable Check Cashing Business – 20 Years Established – Broward County Reason for Sale: Retirement. Located in a high-traffic corridor in Central Broward, this established check...
$250,000
Cash Flow: $250,000
Philadelphia County, PA
NEWLY REDUCED PRICE! Real Estate Available for Purchase as Well! This store, part of the most respected franchise in the industry, is growing and on pace to do over $18m in check cashing volume this...
$195,000
Cash Flow: $89,082
New Castle County, DE
NEWLY REDUCED PRICE! The buyer will need a cash inventory of approximately $600k-$700K on day one of ownership. All five stores, two in Delaware and three in Pennsylvania, are profitable and fully...
$950,000
Cash Flow: $696,370
Miami, FL
$1,600,000
Miami, FL
$850,000
Camden County, NJ
$250,000
Macomb County, MI
$125,000
Available Nationwide
$100,000
New York County, NY
$200,000
Essex County, NJ
$400,000
Richmond County, NY
$499,500
Las Vegas, NV
$199,000
Escambia County, FL
$225,000
Frank Nunziata
First Choice Business Brokers Columbus
Serving Cuyahoga County, OH
WELCOME TO FIRST CHOICE BUSINESS BROKERS COLUMBUS Since our founding in 1994, First Choice Business Brokers has grown to become one of the nation's most trusted business sales specialists. We have listed and managed the sale of over $7.5 billion in successful business transactions. First Choice Business Brokers provides you with the benefits that only come from experience and years of proven, tested results. Our goal is to give you the kind of foundation you need to make strong business decisions and plan your exit strategy. We are a business brokerage firm, specializing in the sale and purchase of small to medium size main street businesses and commercial properties. Our Columbus office is led by President/Owner Frank Nunziata an industry veteran with 40+ years of experience in accounting, sales, marketing, and business ownership. Nunziata is also a licensed Real Estate Broker with the state of Ohio. The Foundation for Strong Business Decisions Here are seven of the reasons why First Choice Business Brokers is the optimal fit for your needs. *Our team possesses broad market knowledge in business sales and acquisitions. *We conduct strategic and innovative marketing, tailored to sell your business. *We have over 28 years of successful experience in business sales. *Over the years, First Choice Business Brokers has developed an extensive buyer network and relationships with attorneys, accountants, and lending institutions to work for your business needs. *Experience matters. At First Choice Business Brokers, we have well-developed systems and procedures, ensuring that the transaction is handled effectively and efficiently, from start to finish. *Since 1994, we have listed and managed the sale of over $7.5 billion in successful business transactions. *Above all else, First Choice Business Brokers offer integrity, honesty, and confidentiality in all dealings. We have been bringing Buyers and Sellers together Since 1994.
Hillsborough County, NH
$825,000
Mesa, AZ
$160,000
REAL ESTATE INCLUDED
Richmond, VA
$700,000
Monmouth County, NJ
$120,000
Annandale, VA
$599,000
Available in Multiple Locations
$50,000
Fairfax County, VA
$400,000
Mercer County, NJ
$120,000
Wayne County, MI
$360,000
Wayne County, MI
$360,000
New Castle County, DE
$55,000
Philadelphia County, PA
$240,000
Hudson County, NJ
$129,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 24 |
| Median Asking Price | $250,000 |
| Median Reported Revenue | $296,122 |
| Median Reported Seller's Discretionary Earnings | $120,143 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $152,250 | $250,000 | $524,375 |
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 | $200,859 | $89,082 |
| Median | $296,122 | $120,143 |
| Upper Quartile | $741,737 | $215,000 |
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 | 0.63 | 1.59 |
| Median | 0.82 | 2.35 |
| Upper Quartile | 1.12 | 2.73 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Check Cashing Business?
The median asking price for an established Check Cashing Business is $250,000, though prices range from under $152,250 to well over $524,375.
How much do Check Cashing Businesses owners earn?
The median reported revenue of Check Cashing Businesses is $296,122 and owners earn a median of $120,143, 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 0.63 to 1.12, with a median of 0.82. Earning multiples range from 1.59 to 2.73, with the median at 2.35. This means the typical Check Cashing Business may ask for around 0.82 times its annual revenue, and 2.35 times its annual owner earnings.
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