Highly Profitable Pawn Shop in a Great Location For Sale

This Listing is Closed

Business
  • Listing# : 8545
  • Listed Price : $940,000
  • Total Sales : $829,584
  • SIC : 5932
  • Down Payment : $940,000
  • Status : Closed
  • Discretionary Earnings : $378,227

Business Type :

Financial Related / Pawn Shop

Business Description :

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.

Assets/Liabilities:

    • Accounts Receivable $149,000
    • Incl : No
    • Real Estate $720,000
    • Incl : No
    • Inventory $123,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $55,000
    • Incl : Yes
    • Other: $94,000
    • Incl : Yes
    • Leasehold $0
    • Incl : No
    • Total Assets $272,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Financial Related