Seize the opportunity to own a well-established, profitable payday loan and cheque cashing business with a diverse range of services, including gold loans and money exchange. Situated on a busy street within a prominent plaza, surrounded by residential towers on Dundas St W, this business boasts strong reputation, having been meticulously maintained throughout the pandemic. It features a large, loyal customer base and steady influx of new clients, ensuring consistent revenue. With proven risk mitigation processes, and systems in place, the transition to new ownership will be seamless, allowing you to start earning from day one. The business benefits from low operating expenses, affordable rent (with sub lease income), and a long lease. The business operates Monday through Saturday. Additionally, free full training will be provided to ensure a smooth handover. This is an ideal opportunity for an owner-operator or investor seeking a profitable venture with minimal risks and solid track record of success.
MLS# | 40638465 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Days On Site | 76 |
Listing Provided By | HOMELIFE MIRACLE REALTY LTD. | Dhaval Mukesh Shah |
State | ON |
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County | Durham |
City | Whitby |
Zip Code | L1N 2N8 |
Listing VS Median (in L1N 2N8) | |
Price: $300,000 low | high Med: $0 On Site: 76 low | high Med: |