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Gold Mine Pawn Shop
Location: United States -> Florida -> Hillsborough County
Industry: Business Services > Financial




Business Summary

Pawn Shop for Sale in Hillsborough County

Asking $150K
Including in selling price:
Safe, Shelving, Loan Counter, Cash Drawers, Retail Glass cases, Security Cameras, warehouse shelving, inventory, and Pawn & Buy Balance.
- Excluding pawn guns until a FFL is obtained.
- Inventory can be taken off the price of purchase if not needed.
- Pawn history of customers and redemption and loss rates.
- Owner will stay for 2 weeks after sell if needed.

Financials:
Store is Cash Flowing for current balance levels. Annual Revenue will disclose later. Rent is $12 square FT with no CAM fees. Building size is less than 2,000 total square ft. Just renewed lease for another 3 years. Store is fronting major street and in a busy shopping center. The store is set to double in business if the new owner puts the time and money into the business.
Reason for selling business:
Owner looking to spend more time with family.

Closing:
Before any formal financial conversation is entered into a non compete must be signed to protect myself, location, and my customers. Simple verbiage that information obtained won't be used to open directly close to current location (3 miles). Only serious investors need to respond. Ideal for someone looking to grow an already existing brand. Shop has been open for 6 years. Prime location away from corporate pawn shops. Only three pawn shops within a 5 mile radius.
Owner will help train for additional time for a fee.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $275,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $25,000
Seller Financing:  No

About The Business

Year Established:  2011
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes if needed
Reason For Selling:  Spending more time with family




Print Listing Id: 700282096
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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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