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  • RE:  Pawn Shop With Real Estate
  • Contact:  Scott Belden

Quick Facts

Asking Price: $700,000
Annual Revenue: $539,147
Net Profit: Not Disclosed
Cash Flow: $199,952
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: $125,000
Year Established: 1996
Employees: 3
BBN Listing #: 989711
Broker Reference #: 5516-18843

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Business Overview:

The Company provides short-term loans using personal items as collateral.  It buys, sells, and trades goods like jewelry, firearms, firearm accessories, tools, and electronics.  Revenue is generated through loan interest, resale profits, and transactions with customers seeking quick cash solutions.

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Property Features and Assets:

The Real Estate is available through a Commercial Real Estate Company for $125,000 and the listed price includes the real estate. The Company operates from a well-maintained commercial facility located on a highly visible corner in a busy retail district.  It has been in the same location for more than 25 years.

Assets = $583,561

Market Competition and Expansion:

The Company is fortunate in that there are no direct competitors locally.  The closest competitor is about 30 miles east of the Company.  Some customers come from as far as 100 miles from the other three directions.

Attracting new customers through promotions, online listings, and greater community engagement might fuel additional growth.  The buying and selling of musical instruments appears to be an opportunity for growth as well.  

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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