Description This Jewelry & Gift Shop has a 30 year history. Current owner purchased in 2009 and has increased accounts receivable FIVE fold and is still growing. Inventory consists of jewelry, guitars, work tools, etc.
Owner also deals in gold. Overhead is low. Lease at $1,000 per month and is good until 2013. It will increase no more than $100 through March of 2016.
Current pawn on hand is $52K and inventory has grown to over $100K. Never a shortage of people to borrow money especially in this economy! Typically charges 22% interest per month as allowed by state law.