Pawnshop for Sale
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
ESTABLISHED PAWNSHOP - 27 YEARS IN BUSINESS
This well-established pawnshop presents an exceptional opportunity in Tuskegee, Alabama, serving as the only pawnshop in town for over ten years. Operating continuously since 1999, this business has built a loyal customer base and maintains a strong financial performance with annual revenue of $204,080 and seller's discretionary earnings of $137,473.
BUSINESS OVERVIEW:
- 27 years of successful operation with proven track record
- Sole pawnshop serving Tuskegee market - no direct competition
- Specializes in gold, jewelry, and traditional pawn services
- Located on main road with privacy advantages
- 1,600 square feet of operational space
- Affordable lease at $600 per month
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $204,080
- Cash Flow (SDE): $137,473
- Strong profit margins demonstrating efficient operations
- Inventory valued at $51,208.37 included in asking price
- FF&E valued at $20,000
GROWTH OPPORTUNITIES:
The current owners have identified significant expansion potential including:
- Title loan services
- Federal Firearms License (FFL) operations
- Extended operating hours
- Expanded product offerings
- Enhanced service offerings to capture additional market share
The owners note that implementing these strategies could dramatically increase profitability beyond current levels.
OWNER SUPPORT:
The seller is committed to ensuring a smooth transition and will provide comprehensive training to the new owner. This hands-on support minimizes the learning curve and helps maintain established customer relationships.
FINANCING:
Owner financing is available with an approved down payment and qualifying credit, making this opportunity accessible to qualified buyers.
This turnkey operation offers immediate cash flow in a market with established demand and no direct competition. The business represents an ideal opportunity for an entrepreneur seeking a stable, profitable venture with significant growth potential in Alabama's pawn industry.
Asking Price: $150,000 (includes inventory)
This well-established pawnshop presents an exceptional opportunity in Tuskegee, Alabama, serving as the only pawnshop in town for over ten years. Operating continuously since 1999, this business has built a loyal customer base and maintains a strong financial performance with annual revenue of $204,080 and seller's discretionary earnings of $137,473.
BUSINESS OVERVIEW:
- 27 years of successful operation with proven track record
- Sole pawnshop serving Tuskegee market - no direct competition
- Specializes in gold, jewelry, and traditional pawn services
- Located on main road with privacy advantages
- 1,600 square feet of operational space
- Affordable lease at $600 per month
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $204,080
- Cash Flow (SDE): $137,473
- Strong profit margins demonstrating efficient operations
- Inventory valued at $51,208.37 included in asking price
- FF&E valued at $20,000
GROWTH OPPORTUNITIES:
The current owners have identified significant expansion potential including:
- Title loan services
- Federal Firearms License (FFL) operations
- Extended operating hours
- Expanded product offerings
- Enhanced service offerings to capture additional market share
The owners note that implementing these strategies could dramatically increase profitability beyond current levels.
OWNER SUPPORT:
The seller is committed to ensuring a smooth transition and will provide comprehensive training to the new owner. This hands-on support minimizes the learning curve and helps maintain established customer relationships.
FINANCING:
Owner financing is available with an approved down payment and qualifying credit, making this opportunity accessible to qualified buyers.
This turnkey operation offers immediate cash flow in a market with established demand and no direct competition. The business represents an ideal opportunity for an entrepreneur seeking a stable, profitable venture with significant growth potential in Alabama's pawn industry.
Asking Price: $150,000 (includes inventory)
About the Business
- Years in Operation
- 27
- Employees
- 2 Part-time
We currently have 2 part-time employees - Facilities & Assets
- I own the building and would be willing to lease to buyer
- Market Outlook / Competition
- Prime location and the only pawnshop in town. If you are competitive, customers will be loyal. I'm the only pawnshop in town and there have always been at least 1 in town.
- Opportunities for Growth
- My wife and I have made a decent living from this pawnshop for the last 27 years. There currently is no competition in town. If new owner would consider new products such as title loans, FFL, taking all products, longer hours, etc., you could dramatically increase the profitability.
About the Sale
- Seller Motivation
- Semi-retiring and concentrating on a new venture
- Transition Support
- I would stay and train new owner
- Financing Options
- Owner financing with down payment with approved credit
Listing Info
- ID
- 2454426
- Listing Views
- 10
Business Location
Listing ID: 2454426 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.
Businesses for SaleAlabama Businesses for SaleAlabama Retail Stores Businesses for SaleAlabama Other Retail Stores Businesses for Sale
Similar Listings
