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Bill Pay Center - Western Union In Nassau County
Location: United States -> New York -> New York City Area -> Nassau County
Industry: Business Services > Financial




Business Summary

Bill pay center for sale- Western Union, Lotto, Money Orders and room for more. **PRICE REDUCED** This is very unique opportunity. This is a 950 sq. ft. retail store front that has been established since 1983. They are strictly a bill pay center, offering Western Union, Bill Pay, Money Orders, LOTTO (over one million in gross lotto sales), and an ATM. Only uses up a small amount of space. A new owner can add a 99c store, card store, cell phone store, pharmacy, check cashing, or any type of retail space, except for candy and food. These are the only lease exceptions, due to another tenant in the strip. In fact, the back of the store can be used as an office, tax service or insurance broker. In the past year, the business grossed approx. $184,700.00, with a net cash flow of approx. $107,900.00. These figures are all very well-documented. The landlord is will to offer at least a 10-year lease, at a rent of $3,800/month for a qualified tenant.

That includes the 950 sq. ft. store and a full 1,200 sq. ft. basement (basement available for additional rent). You can run another business out of the basement, or sublease the space with landlord approval. We are seeking a serious and financially qualified buyer with at least $115K in liquid funds to cover the downpayment, inventory ($6k) and rent security of $7,600. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $184,700
Cash Flow:   $107,900
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Other

Photos

View Larger Photo(s) Of Business
Bill Pay Center - Western Union In Nassau County Photo 1 Bill Pay Center - Western Union In Nassau County Photo 2 Bill Pay Center - Western Union In Nassau County Photo 3




Print Listing Id: 700319958


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