MergerPlace

Excellent Pawn Shop for Sale

Idaho (Blaine)


  • Asking Price: $135,000
  • Gross Income: $309,206
  • Cash Flow: $62,872
  • Real Estate: Not Disclosed
  • Inventory: $35,000
  • FF&E: $15,000
  • Listing ID: #200600
  • Established: 2012
  • Employees: 1 PT

Business Description

Pawn Shop located in affluent mountain resort area which leads to interesting items for resale. Excellent software for tracking pawn receivables and inventory are in place. Great location in city center and leading provider of musical instruments in the area.
Exciting business that has procedures and processes in place to help people in the community turn items into cash. Strong online business.
Owner created a system that addresses the seasonality of a resort community by creating an online sales avenue that is non-seasonal.


Business Details

Primary Business Category: Services - Other Services
Location: Idaho
County: Blaine

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 PT

Financial Information

Asking Price: $135,000
Gross Revenue: $309,206
Cash Flow: $62,872
FF&E: $15,000
Inventory: $35,000
Seller Financing Available: No

Property Information

Facilities:

Facilities are well presented with high quality inventory. Pawn shop is reflection of community.

Growth & expansion opportunities:

The pawn shop umbrella is flexible and wide - current owner has limited interest in firearms and jewelry which is traditionally a large percentage of the pawn business. Expanding into these areas will provide additional growth.

Competition:

Relaxed regulatory environment allows for quickest inventory turnaround in the business. Income also derived by offering eBay services to local customers.

Reason for selling:

Owner retiring - owner wants to see a successful transition to new buyer. Will stay on to ensure new owner is trained in all the systems to ensure smooth handover of business.

Support & Training:

Will train for 4 weeks @ no cost

Contact Business Seller

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Business Listed By:

Neil Bradshaw

Murphy Business Brokers