Full Financial Services Centers

1
Full Financial Services Centers

• Year 2008

2
Advantage

• Established, Profitable Operation
• Easy, Turn-Key Franchise Operation
• Unique Combo Store Concept
• Prime, High Traffic Toronto Locations
• Bloor St.
• Weston St.

3
Operation Summary

• Check Cashing
• Payday Advance
• Currency Exchange
• Money Transfer
• Money Order
• Bill Payment
• Mail Boxes
• Pre-paid MasterCards, Pre-paid cards, Fax and
  Copy

4
Revenue Model

• Check Cashing - 2.5 plus 2.99 - 3.99 Fee
  (75-80 Revenue, with 70-80 repeat customers,
  low risk)
• Payday Advance - around 20 fee for 120 loan
  (7-10) revenue Very conservative, can be much
  improved.
• Money Order Money Transfer with MoneyGram (Top
  MoneyGram location in Toronto) -gt commission,
  cash-in, improved cash flow
• Mail Box Monthly Recurring Income
• Pre-paid cards no inventory, commission, no risk

5
Easy Turn-Key Operation

• Franchise, Established client base, shared client
  base with 23 other Franchise locations, reduced
  risk
• Strong marketing and advertising support
• On-going head office support
• 5 royalty fee, 2 advertising fee
• Training provided

6
Unique Combo Store Concept

• First combo store with express convenience add-on
• High traffic generator cigarettes
• High margin pops, gums, chocolates
• Increased space utilization
• Increased profit
• Increased customer satisfaction
• Unlimited potential with other add-ons
• Cigarette operation is included in the sale,
  where inventory cost is extra.

7
Location Analysis

• Established market, hard for new player to enter
• Current competitors, National franchise -gt we
  enjoy price advantages and better customer
  services
• Owner operating will bring the best result.

8
Opportunity

• Improve Pay Day Advance
• Income Tax Services (very low start-up cost)
• Mortgage and Insurance services
• Additional traffic add-on services, more
  convenience items, dry cleaners

9
Financial Aspects

• Store 1 Price 140,000
• Store 2 Price 149,000
• Financial Statement provided.
• All incomes and expenses can be verified with the
  computer system and supporting documents

10
Financial Report 2007
11
Questions

• Why sale? Manager partner is leaving the country.