This well run pawn shop has enjoyed many successful years of meeting the needs of the ''unbanked''. The business profile includes a healthy mix of gold/jewelry, tools, electronics, musical instruments and vehicles. The pawn shop has recently acquired a Federal Firearms License (FFL) and has now added pawn loans on guns to its' already successful business model. This recent change will result over time in strong sales of used guns.
Although it is not included in the asking price, the real estate is available for purchase for $720,000. The asking price is supported by a 2014 real estate appraisal. The 8,000 sq. ft. facility is visibly situated on 1 1/2 acres with 40% retail and 60% storage. There is ample outside storage available for large items.
Sales Price: $940,000.
Contact: Ray LeBlanc