Active
Well Known, Consistently Profitable Pawn Shop
This Pawn shop is well-organized and consistently profitable. Its location, well-trained staff, and repeat client base contribute to its success and prospects for growth.
It is located in the Ozark Mountains region with excellent visibility and huge traffic counts. The business has multiple opportunities for growth, including digital marketing and online transactions, which have not been utilized.
Highlights
Huge repeat client base
Nice clean locations
Well trained staff
Consistent performance
Well managed and organized Cash Transactions
Listed By: Jon Holbert (CBI)
Background information
Reference:
N181-JH
Year established:
1998
Reason selling:
due to the death of the founder, the family has decided to sell the business
Finance
Sales:
$696,006
Profits:
$121,119
Profit type:
Discretionary Earnings
Operations
Employees:
6
Inventory:
$160,000
Furniture fixtures and equipment:
$130,000
Premises
Facility:
$2,000,000 of Prime Real Estate Available
Opportunities
Market:
The U.S. pawn shops market was valued at $2.43 billion in 2020. It is expected to reach $4.12 billion by 2028 and exhibit a CAGR of 6.8% during the forecast period.
Price and terms
Price:
$350,000
Training:
As much training as needed is available