FAMILY FINANCIAL CENTERS

FRANCHISE FOR SALE IN PHILLIPSBURG, NEW JERSEY

List Price: $125,000 USD

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Annual Gross Revenue:

$130,000 USD

Annual Net Profit:

$25,000 - $50,000

Value of Inventory:

$0

Value of Assets:

$25,000 - $50,000

Business Category:

Financial Services

Business Operates From:

A Retail Location

Year Established:

2000

Seasonal Business:

No

+3 Months

TRANSITION SUPPORT

Somewhat

PRICE/TERMS
FLEXIBILITY

Part-time

OWNER INVOLVEMENT

SUMMARY

This listing is for a community based financial services location. This Money Service Businesses (MSB) is part of more than 13,000 MSB's nationwide in the $106 Billion/year industry. There is a significant opportunity for growth by adding business customers.

PHOTOS

FACTS

Part-Time Employees:

1-5

Full-Time Employees:

1-5

Total Employees:

Less Than 10

Timeframe for sale:

Immediate

Total Approx. Monthly Rent:

$1,500/month

Lease Expiration:

Upon Inquiry

VIDEO

DESCRIPTION

DAY-TO-DAY INVOLVEMENT

Understand, oversee and fund the business. There are 2 employees who run the day-to-day business. The owner is ultimately responsible for compliance adherence.

FRANCHISE BRAND ACCOLADES AND AWARDS

2021, 2020 FranTastic 500 award by Franserve, 2020, 2019 Franchise Business Review Top 50 "Franchisee Satisfaction Award". 2020, 2019 Franchise Business Review Top 200, Entrepreneur Franchise 500 2021

ASSET DESCRIPTION

All FF&E including teller stations, computer, safe, ATM, & surveillance system.

INVENTORY DESCRIPTION

FF&E is included in the sales price. Inventory is owners "cash' and IS NOT not part of the transaction.

ADDITIONAL INFO

This business has been in operation for 20+ years prior to current owner taking over in 2019. This location, as with all FFC locations, was deemed an essential business in every state FFC operates.

BONUS MATERIAL

WHY I LOVE MY FRANCHISE

Support, training, profitable, low number of employees needed.

REASON FOR SELLING

Partners decided business was located too far away from their main location.

GROWTH OPPORTUNITIES

This "essential" business has very loyal, stable customer base of both consumers and a few commercial accounts. Potential is increasing store hours and adding more commercial business(servicing small businesses)- the fastest growing segment in this industry. It makes up very small part of customer base. Local marketing & community involvement/visibility are opportunities.

None

SELLER FINANCING AVAILABLE

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