Pawn Shop with Real Estate
Business Description
Pawn Shop with Real Estate
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.
About the Business
- Years in Operation
- 29
- Number of Employees
- 3
- Currently Relocatable
- Yes
- Facilities & 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.
- Market Outlook / Competition
- 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.
- Opportunities for Growth
- 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.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 1,500
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- Will train for 8 weeks @ $0 cost.
- Financing Options
- Lender pre-screened with $95K down.
Listing Info
- ID
- 2356434
- Listing Views
- 633
Listing ID: 2356434 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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