Manhattan, New York, United States
| Asking Price: | USD $495,000.00 |
| Gross Income: | USD $341,000.00 |
| Cash Flow: | USD $175,000.00 |
| Fixtures & Fittings: | USD $85,000.00 |
| Stock & Inventory: | USD $200,000.00 |
| Owner Financing: | Yes |
| Finance Available: | NEGOTIABLE |
| Year Established: | 1987 |
| Trading Hours: | M-F 9-6 SAT-SUN 10-5, Owner Hours: 40 |
| Employees: | Full Time: 2, Managers: 2 |
| Terms of Sale: | Share Capital |
RETAIL FOREIGN CURRENCY EXCHANGE IN TWO LOCATIONS IN MIDTOWN MANHATTAN. Very competitive & profitable Multi-location Foreign Currency Exchange in Business 24 years. All Foreign Currencies Bought & Sold in Prosperous NYC Market. Features include State-of-the-Art Custom Software and Trademarked Logo.Company has been operating Free of any Compliance, Debt and Litigation issues.
IN BUSINESS 24 YEARS
Expansion Potential: Unlimited
Competition & Market Info: Unlimited Potential and opportunities to expand the Business. Very little Competition . Most Banks do not exchange currency.
Reasons for Sale: RETIREMENT
Support & Training: SELLER WILL COMPLETELY TRAIN
Property Type: Leasehold
Lease Terms: 12/31/2020, NEGOTIABLE, 3% ESCALATION
Leasehold Rent: Lease Security $10,800, Monthly Rent $4,275
Premises Details: 2 RETAIL LOCATIONS IN CLASS "A" BUILDINGS IN THE HEART OF ROCKAFELLER CENTER AND GRAND CENTRAL AREAS
Size (Sq m or ft): 650 sq ft
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