Pawn Shop

Listing ID: 700259366

Listing Title: Pawn Shop

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Industry: Retail

Industry Segment: Other Retail

Country: United States

State / Province: Virginia


City: Norfolk

Asking Price Range: < $250K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2005

Number of Employees: 1 - 3

Business Description:
FOR SALE ... P&P Pawn ... Established 2005 A Pawn Shop has been at this location for over 25 Years Working mans pawn shop... Tools, Tools ... Electronics (Home & Mobil) Musical Instruments & Equipment ... Gold & Diamond Jewelry ... Computers ... Cameras ... and ??? Successful, Profitable Store with a Loyal Customer Base... Owner deceased & Wife cutting back to one store. Store is operating as if Owner keeping. Norfolk has a limited number of pawn shop licenses, so the only way to obtain a license is to arrange a swap with a currently operating shop. Shop is ready to go ... You buy the Receivables and Sale Inventories(General & Jewelry) at Cost and we throw in the store. Turn Key Operation with everything to run a successful Pawn Shop. Computer System, 2 station network w/Pawn program (Maintenance paid thru 6/30/2017) . All Display Cases, Shelving & Counters in Showroom ... Racks & Shelving in Warehouse ... Desks & File Cabinets .. Office & Sales Supplies ... Phone System ... Test Equipment for Electronics & Jewelry ... Jewelry Cleaning Equipment ... Security System including Color Video Cameras & DVR ...... Current Inventories @ Cost $68,000.00 as of 2/28/2017 Present Lease $1833 month ... approx 2700 sq ft. Landlord will draw up new lease. New Roof and HVAC system being replaced March 2017 Will train as needed ...... Employee may also be available. Stop by 7941 Halprin Dr., Norfolk, VA 235113 for a look see and more information or Call Shop @ 757-583-6669 ...... Or Text/Call Jim @ 757-581-0206(Cell)

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