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Well-established Pawn Shop
Location: United States -> Arizona -> Peoria
Industry: Retail > Other Retail




Business Summary

Well established family owned pawn shop in the West valley of Phoenix, AZ.
The US Census Bureau says the surrounding community had a growth rate of 9.1 percent adding in 2017.
This is a turnkey business opportunity, attractive to both first time pawn shop investors and experienced industry operators.
Lease runs through 2028 purchase option available.
The shop offers loans and also sells lightly used inventory.
Interest rate is 37 percent every 90 days.
Average loan base is 150,000.00.
Asking price includes loans (cash loaned), furniture, fixtures and inventory less firearms & jewelry.
Owner is willing to sell loans less inventory as well.
Sale is a cash sale no owner financing.
Owner and management will offer training.
Asking 460, 00.00
Call Steve at 325-777-1911


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $350,000
Cash Flow:   $90,000
Cash Flow Type:  EBITDA
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  2002
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Onwer will train.
Reason For Selling:  Retirement




Print Listing Id: 700324712
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Also See: Franchise Opportunities > Franchise Resales > Arizona Businesses For Sale > Arizona Franchises For Sale > Arizona Business Brokers



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