Pawn Shop for Sale in a Suburb of Knoxville

Business
  • Listing# : 16042
  • Listed Price : $120,000
  • Total Sales : $597,145
  • SIC : 5932
  • Down Payment : $120,000
  • Status : Active
  • Discretionary Earnings : $64,190

Business Type :

Financial Related / Pawn Shop

Business Description :

Reason for Sale: Absentee Owner- Out of State Owner- Pawn Shop for Sale in a Suburb of Knoxville. Established for 20 years. Perfect books & records. Business has 2 key employees to help transition. $59k of Current Inventory & $1,900 in layaway & $18,915 in Pawn Base included. Currently no advertising. Income derived from pawn (guns & sale of inventory). Growth potential in marketing to increase demand for guns. Inventory items included (jewelry, TV's, tools, lawn equip, weapons, etc). Owner benefit for a working owner. Perfect opportunity for a 2nd location for local pawn shop owners. 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $59,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $5,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $64,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Financial Related
No similar items available currently.