Profitable Pawn Shop in Miami, Florida, Well-Established Location
Business Description
An exceptional opportunity to acquire a highly profitable, well-established brick-and-mortar pawn shop strategically located in a high-traffic area of Miami. Successfully operating for 10 years, this business has built a loyal, generational customer base and a rock-solid reputation in the local community.
Financial Highlights & Inclusions:
- Asking Price: $500,000
- Seller’s Discretionary Earnings (SDE): ~$150,000 annually
- Included in the Sale: Active Pawn Loan Portfolio worth $100,000 (generating immediate passive interest income) plus $50,000 in clean, general retail inventory.
- Note on Jewelry: An additional high-value gold/jewelry inventory of approximately $100,000 is available and open for separate negotiation based on the buyer's preference.
Operations & Facilities:
The business operates out of a highly desirable location with a very competitive rent of approximately $3,000/month. A secure, long-term lease is in place with 5 years remaining plus a 5-year renewal option. The shop is fully equipped with required security systems, safes, and specialized software.
Staff & Turnkey Transition:
This is a fully turnkey operation. The business is run by an experienced team, including one full-time professional pawn broker and one part-time employee, allowing for a smooth and seamless ownership transition.
Growth Potential:
While the business currently focuses on general merchandise and jewelry, the location is perfectly zoned and eligible for a Federal Firearms License (FFL). A new owner can easily re-introduce firearms to instantly boost revenue and retail traffic.
To protect the ongoing operations and loan balance, this is a strictly confidential sale. Prospective buyers will be required to sign an NDA and provide Proof of Funds before receiving specific financial tax returns or location details.
Financial Highlights & Inclusions:
- Asking Price: $500,000
- Seller’s Discretionary Earnings (SDE): ~$150,000 annually
- Included in the Sale: Active Pawn Loan Portfolio worth $100,000 (generating immediate passive interest income) plus $50,000 in clean, general retail inventory.
- Note on Jewelry: An additional high-value gold/jewelry inventory of approximately $100,000 is available and open for separate negotiation based on the buyer's preference.
Operations & Facilities:
The business operates out of a highly desirable location with a very competitive rent of approximately $3,000/month. A secure, long-term lease is in place with 5 years remaining plus a 5-year renewal option. The shop is fully equipped with required security systems, safes, and specialized software.
Staff & Turnkey Transition:
This is a fully turnkey operation. The business is run by an experienced team, including one full-time professional pawn broker and one part-time employee, allowing for a smooth and seamless ownership transition.
Growth Potential:
While the business currently focuses on general merchandise and jewelry, the location is perfectly zoned and eligible for a Federal Firearms License (FFL). A new owner can easily re-introduce firearms to instantly boost revenue and retail traffic.
To protect the ongoing operations and loan balance, this is a strictly confidential sale. Prospective buyers will be required to sign an NDA and provide Proof of Funds before receiving specific financial tax returns or location details.
About the Business
- Years in Operation
- 11
- Employees
- 3 (1 Full-time, 2 Part-time)
- Facilities & Assets
- 100k Loan Balance
Alarm
Camera systems
Web site
Social media
Ebay account
all Licenses - Market Outlook / Competition
- Location next door doing 5 times more in business, so there is definatly room to grow.
- Opportunities for Growth
- Location next door doing 5 times more in business, so there is definatly room to grow.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $8,000.00 per month
About the Sale
- Seller Motivation
- Lost interest
- Transition Support
- I can provide full training that requared
Listing Info
- ID
- 2526550
- Listing Views
Listing ID: 2526550 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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