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Financial Services Company: Money Transfer, Currency Exchange In Santiago For Sale

Santiago, Metropolitana de Santiago, Chile
Asking Price:
$1M - $5M (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
Over $2.5M (USD)

Company dedicated to international money transfers (sending and receiving).
Established brand with 30 years in the Chilean market.
Consistently growing market due to the expansion of the remittance industry in Latin America.
Opportunity to increase revenue through currency buying and selling.
Large client portfolio with daily liquidity in collections.
Money collected amounts to over one million dollars.
It has 3 points of sale, strategically positioned locations: 2 in Santiago and one in Iquique (northern region).

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

The business needs technological investment. The owners wish to retire.

Employees:
6
Years established:
30 years

Other Information

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.
Distressed:
This business is a turnaround opportunity.