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Mobile check cashing route in Bakersfield

Asking Price: $150,000   Down Payment: $150,000  
Gross Revenue: $13,000,000   Adj. Cash Flow*: $100,000  
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Executive Summary
Long established mobile check cashing facility in Bakersfield, Ca.
Charges 1-1.2 % check cashing fee
Approximately 25-30 accounts mostly serviced on Thursday and Friday.
Included in the price is a customized fully secured armored vehicle to cash checks.
Most of the accounts are related to farming. The vehicle goes directly into the fields where the employees are tending the crops. They also service cold storage and box manufcturing companies checks.
Room for more accounts for increased business.

Acquisition Highlights

  • Checks are cashed mostly on Thursday's and Friday's.
  • Cashes mostly farming related checks in Bakersfield, CA with a customized armored truck.
  • This business has been around for 15 years. Seller is an expert in this field on getting accounts and how to screen company checks. Has had almost zero bad checks cashed.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2005 Inventory:
Employees: 1 PT Furniture, Fixtures & Equipment:
Real Estate:
Other: $25,000 Included
    Total Assets Included in Sale: $25,000
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.


Contact:  Neil Kaplan
Phone:  (562) 402-2686
Fax:  (562) 809-3398
Other:  (310) 490-3422
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
The above company and/or agent is a licensed real estate broker/and or a business broker.
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