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Large Pawn Shop For Sale
Location: United States -> Texas -> Central Texas -> Waco
Industry: Retail > Other Retail

Business Summary

Express Pawn Shop for sale. 107 East Loop 340, Waco, TX. Great location for a pawn shop on outside of Waco, TX! Asking $450,000 which includes land and licensing. Large building with a very successful history. Great location (loop 340 and hwy 84). Individually owned and operated. Parents control the business and are looking to get out and retire. We have owned it since 1987 and have a great history of success. As of now it is not in great financial shape. This is due to having to let our manager go a few years ago due to abusing the businesses finances. My parents took over and don't have the energy or knowledge to properly maintain the business. Because of the location and its past success we can show how this pawn shop has unlimited potential!

Merchandise includes mainly guns, tools and jewelry. Guns and jewelry have been the best items for the business during its best years. Other items include guitars, lawnmowers, televisions, stereos, video games adn consoles, dvd's, golf clubs, a few bikes and a lot more. Please email or call Anson at 832-748-0012 or call the pawn shop at 254-799-9941 and ask for George or Cherry. I can email pics and get whatever information that is needed once we establish contact. Whether you are a seasoned pawnbroker looking to expand or looking to break into the business for the first time you don't want to miss this oportunity. This is a large building that has been kept very clean, no history of robberies, and a great history of success. Call now! I don't expect it to last long. Contact for more information on this pawn shop for sale.


Asking Price Range:  $250K - $500K
Gross Revenues:   $90,000
Cash Flow:   $60,000
Cash Flow Type:  EBITDA
Inventory:  $650,000
Seller Financing:  No

About The Business

Year Established:  1987
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Provided by Texas Association of Pawnbrokers.
Reason For Selling:  Parents want to retire. Kids have other careers.

Print Listing Id: 70076286
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