Business For Sale Listing 145952
Pawn Shop
Status as of Dec-1-2008 at 06:01 PM: Active
Business Summary
This is an excellent, well established pawn shop, in business since 1995 with two locations. They have limited competition in their immediate areas. The business includes $150,000 in good sellable inventory and $100,000 in pawn options. Merchandise on pawn option loans receive 15% per month and unless renewed within 30 days are put out for sale. This business is run absentee by the owner so an owner/operator should be able to substantially increase sales and profits. Pawn shops are very good "recession proof" businesses because when the economy is bad the pawn side of the business increases, and when the economy is good, the sales side of the business improves. It is very rare to see a pawn shop go out of business. Seller financing is negotiable for a qualified buyer.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($427,391) |
| Profits: |
Between $100 Thousand and $500 Thousand ($101,159) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($350,000) |
