Payday Loans Location, Wayne County, Asking $449,999

Turn-Key, High Volume Location, Harper Woods

High Volume Payday Loans Location!
Wayne County, MI

Asking Price: $449,999
Cash Flow: $140,000
Gross Revenue: N/A
EBITDA: N/A
FF&E: $0
Inventory: N/A
Rent: $2,000
Established: 2008

Business Description

Turn Key - Payday Loan Business!!!

Established in 2008! Extremely loyal repeat customer base in high traffic area located in Harper Woods!

This is a turnkey business with potential to grow. Sale includes ALL equipment and seller training! This is a one person operation with short hours. Currently owner only works part time, but he has one full time employee that would be willing to stay on board.

Operating Hours - Monday - Saturdays!
9:30 AM - 6:00 PM
10:00 AM - 3:00PM on Saturday

Detailed Information

Location: Wayne County, MI
Real Estate: Leased
Building SF: 1,800
Lease Expiration: N/A
Employees: 1FT/1PT
Facilities: Turn Key Business that will have offer everything needed for no lapse in services and to effectively take over on the first day!
Competition: There are many places to go for a payday loan, but this location has a great presence in the community! In business since 2008.
Growth & Expansion: Expand with marketing plan to include social media. New owner could open up more locations if desired.
Support & Training: Seller will be available for training/support for 30 days after close for a minimum of two hours per day at no additional cost to buyer
Reason for Selling: Retirement

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