V-AID Negotiates Sale of Big 5 Check Cashing in Balch Springs
Balch Springs – A well-established check-cashing business known as Big 5 Check Cashing is now under new ownership since June 30th, 2021. Acquired by Nusrah Investment, LLC., this 400 SF space of a freestanding building is located at 1820 W. Bruton Rd. Suite A, Balch Springs, TX 75180, is now ready to serve you a variety of financial services, including a check-cashing service.
Kevin Chung with V-AID Business Investment, as an exclusive agent for Big 5 Check Cashing, provided sell-side advisory services for the owner of this business from Business Valuation, Marketing, and negotiating the sale to transfer of the business. V-AID Business Investment is a fully-fledged business brokerage and M&A advisory firm that assists the business owner to sell their business for the maximum value while finding the right buyer who can continue to grow the business.
The Big 5 Check Cashing was established by the previous owner in 2003 and relocated to the current upgraded location in 2012 as the business has outgrown the space at the previous location. In 2015, this business was acquired by the current owner, CashPro, LLC.
“Within two months of listing a cash-heavy non-bankable money service business, we were able to find and complete the transaction with a 100% cash buyer from our database of buyers. The seller was satisfied by the timing of the transaction and credentials of the buyer and it was a perfect business for the buyer, who already owns a similar business, that was looking to expand and dominate the area,” said Kevin Chung, senior business intermediary of brokerage team for V-AID Business Investment in Dallas.
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a Completion of 585 transactions totaling over 124 Million Dollars and continuing.