Payday Loan Industry Watch Home News: Archive News: Recent News: RSS Newsfeeds News: Archive News: By State News: By Big 7 Podcasts Reviews Tips Links
About Us
Contact Us
Site Help
Find a Lender

Dollar Financial acquires 23 Florida payday loan stores

November 17, 2006 - Berwyn, Pennsylvania

Dollar Financial Corp expanded its Florida operations by acquiring 23 financial services stores this month, predominantly located in Southwest Florida. Dollar has not released the name of the acquired locations, but said the total purchase price for the acquisition was $28.6 million. The incremental revenue for the acquired stores for the twelve months following the acquisition is estimated to be $10.5 million.

Jeff Weiss, the Company's Chairman and Chief Executive Officer stated, "This acquisition serves to initiate the expansion of our financial services store network into the State of Florida. Florida has a favorable regulatory framework, attractive demographics, and a growing services sector workforce. We are pleased to add a base of solid performing stores that have been well managed and physically maintained and are expected to contribute immediately to the earnings of the Company."

News Source

RTO Online, Staff Writer

Dollar Financial Group Inc. (NASDAQ: DLLR)

Related Stories - Pennsylvania


See: Recent News | Archived News | RSS Newsfeeds | News by State
Go to home.

E-mail This Page Open a new window and send this page to a friend.
Share this page by E-mail.
Reviews Reviews page.
July 21 - WeGiveCash claimed we could get $1,500. But, after entering qualifying customer information, we were declined and then forwarded to another Web site to re-apply.
Find a Lender Find a Lender page.
Claims to lend
To residents of
With fees per $100 loaned
On the Web since
reviewed by PLIWatch
small payday loan industry watch logo
Recent RSS Newsfeeds Archive Shown by State Shown by 'Big 7'
Home News & RSS Podcasts Reviews Tips Links Find a Lender About Us Contact Us Donate / Sponsor Site Help
Terms of Use Privacy Policy Site Map copyright © 2005-2023 all rights reserved Updated: Nov 22, 2022 07:58 EST