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FOREIGN CURRENCY DEALER - Business For Sale

Undisclosed, Illinois, United States

Listing: 326 | Ref: Unspecified | Agent: 61
Asking Price: USD $595,000.00
Gross Income: USD $1,735,000.00
Cash Flow: USD $220,000.00
Fixtures & Fittings: USD $5,000.00
Stock & Inventory: USD $35,000.00
Owner Financing: Yes
Finance Available: NEGOTIABLE
Year Established: 2005
Trading Hours: 9-5 M-F
Employees: 1
Terms of Sale: Share Capital
Buy a FOREIGN CURRENCY DEALER business for sale

Business Description

THE COMPANY is registered with the United States Department of the Treasury under it's parent company's LLC. THE COMPANY has been buying and selling currency that is not being internationally circulated since 2005 and has been registered with the U.S. Department of the Treasury for the duration of that period. Over the years, the company has been reviewed successfully by the U.S. Department of Treasury as is standard. The company and operations are currently located in the midwest.

THE COMPANY is designed to serve the needs for currency collectors who are looking to obtain notes that are not currently in circulation or offered by banks. When clients are interested in purchasing the New 2003 Iraqi Dinar or Vietnamese Dong they can meet their needs competitively and in a manner that provides them with the assurance of security that they seek.

If there are other currencies that are out of circulation that they have interest in THE COMPANY can help them to acquire any currency.

Historical Summary
THE COMPANY is in business since 2004.

Owner Qualifications
BUSINESS EXPERIENCE REQUIRED - CURRENCY EXPERIENCE HELPFUL.

Detailed Information

Expansion Potential: UNLIMITED

Competition & Market Info: NOT VERY MUCH COMPETITION.

Reasons for Sale: RETIREMENT- OTHER INTERESTS

Support & Training: SELLER WILL COMPLETELY TRAIN

Real Estate Information

Property Type: Leasehold

Lease Terms: 12/31/2010, NEW LEASE WHEREVER YOU CHOOSE

Leasehold Rent: Undisclosed

Premises Details: YOU WILL NEED A HOME OFFICE OR REGULAR OFFICE OF NOT MORE THAN 200 SQUARE FEET.

Size (Sq m or ft): 200 sq ft

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