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Premier Pawn Shop W / Real Estate
Location: United States
Industry: Retail > Convenience Stores Retail




Business Summary

After more than 33 years of continued Ownership, it is time to retire and hand the keys to the kingdom over to the successor. Don't miss the opportunity to be the owner of a long-established pawn shop in the Central Valley of CA, with the option to acquire the Real Property. On average this business has 700 loans out per month, ranging from small black & white tv's to a 1,800 acre, 300 cow cattle ranch. Price includes all assets, inventory, current Loan Base and Commercial Real Estate.

With a fully trained staff and management in place, this is truly a turn-key operation. Due to the increase in sales & demand, the Seller is in the process of hiring 1-2 more FT sales associates.

This building used to be a bank, and still has the original bank vault which comes in handy for this type of business. It's near shopping, restaurants, public transportation, and the freeway.

The ideal buyer is a pawn shop owner or someone in this industry due to compliance, as well as industry rules and regulations.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,184,000
Cash Flow:   $407,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Retirement




Print Listing Id: 700404107
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Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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