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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