Pawn Shop
Location Utah,United States
Asking Price Range $250K - $500K
Gross Revenues $427391
Net Profit / Cash Flow $101159
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1995
Number of Employees 6 - 9
Inventory 275000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Negotiable.
Reason for Sale Retirement.
Description This is an excellent, well established pawn shop, in business since 1995 with two locations. They have limited competition in their immediate areas. The business includes $150,000 in good sellable inventory and $100,000 in pawn options. Merchandise on pawn option loans receive 15% per month and unless renewed within 30 days are put out for sale. This business is run absentee by the owner so an owner/operator should be able to substantially increase sales and profits. Pawn shops are very good ''recession proof'' businesses because when the economy is bad the pawn side of the business increases, and when the economy is good, the sales side of the business improves. It is very rare to see a pawn shop go out of business. Asking price is $350,000 and seller financing is negotiable for a qualified buyer. Contact for more information on this Pawn Shop for sale.
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