Established Pawn Shop- Highly Profitable
Business Description
We are pleased to present a rare opportunity to acquire a well-established, highly profitable pawn shop located in Indiana. This business has demonstrated consistent financial growth, providing a stable revenue stream and strong profit margins. The sale includes the entire operation, including all assets, inventory, and goodwill. The shop accepts items on trade, purchases inventory outright and accepts items as collateral for traditional pawn broker style loans. Inventory which is the property of the shop will transfer upon sale, as well as the Shop's interest in collateralized loans. The Shop specializes in gun sales, tools, jewelry, collectables and sports memorabilia. It is easy to operate with minimal staffing requirements and lots of potential for growth.
About the Business
- Years in Operation
- 8
- Employees
- 2
- Facilities & Assets
- The shop has been established for nearly a decades in its current location. The premises are leased on favorable terms.
- Market Outlook / Competition
- This is a well-known, classy, and trusted Pawn Shop. It has a history of honesty and integrity with its clientele. The Shop is a great place to find a fair deal whether looking to pawn, sell, or trade. It handles items from recreational vehicles to estate jewelry and sports memorabilia. It's a fun place to shop and has been even more fun for its current owners to operate.
- Opportunities for Growth
- The Seller's are ready to retire and very "Old school" in their marketing approach. The Shop does not use any social media, spends less then 1% on advertising overall, and dedicates very minimal effort to on-line sales. A savvy buyer could immediately expand operations by focusing on these areas.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,600
- Rent
- $2,383.33 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The seller's will train and assist the buyer for a minimum of 2 weeks as part of the purchase price post closing. This includes assistance with licensing.
- Financing Options
- Seller will finance a % of Business + pre-qualified with conventional lenders.
Listing Info
- ID
- 2310194
- Listing Views
- 1499
Listing ID: 2310194 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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