This is a great pawn shop that is in a great location and is highly profitable. It brings in not just the every day Joe but also some higher end clientele as well. If you want a business that brings in hundreds of thousands of dollars in profits every year, has a huge traffic flow, keeps approximately $40,000 - $65,000 in loans on the street each month and still closes by 6:00 in the afternoon M-F and 5:00pm on Saturday! This is the place for you! The owners are not desperate to sell at all but would like to retire. This business is still growing and in good times and bad, the pawn industry does well.

Inventory and assets that go with the business are a little more difficult to define in the above numbers. There is a large amount in inventory that is being held for pledges. Then there is the store inventory. These are revolving and there is a percentage of the inventory being held that will come out to the floor. Some will never make it to the floor due to people waiting for certain types of items that will buy everything that comes available. Then you have the percentage of items that are picked up from the owner when they pay off the pledge.

Year Established: 2008
Number of Employees: 4

Facilities: This is a fantastic shop! Approx 6,000 sq ft total under roof and a a safe. Located on a busy road and less than a quarter mile from a major

Market Outlook/Competition: There is room to expand on the property and this county has done nothing but grow for many years. The owners have chosen to keep very comfortable hours so they are closed when a lot of other shops are open. You could definitely do more business just by extending hours. You could also open 7 days a week to gain more business as well.

Reason For Selling: Owner and his wife want to retire.

Training/Support: Owner and Manager is willing to stay on for 60 days but would consider a longer term on an as needed for consulting.