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Jewelry & Gift Shop - Great Location

Location  Tennessee,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1980
Number of Employees  1 - 3
Inventory  100000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training

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.


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