JEWELRY & PAWN BUSINESS Business For Sale in ATLANTA, Georgia

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JEWELRY & PAWN BUSINESS

Asking Price:	$1,700,000	Inventory:	$825,000 ++
Gross Revenue:	$3,000,000	Real Estate:	n/a
Cash Flow:	$450,000	FF&E:	$101,000 ++
++ included in the asking price not** included in the asking price

CASH COW

20 YEAR OLD PAWN BUSINESS THAT SPECIALIZES IN JEWELRY AND WATCHES.

NOT YOUR USUAL PAWN SHOP, NO GUNS, TOOLS, TVS OR MUSIC.

About the Business

Year Established:1989

Employees:5 full time - 1 part time

Facilities:3200 SQ FT FREE STANDING BUILDING LOCATED ON HIGH VOLUME MAIN ROUTE. EXCELLENT VISIBILITY AND PARKING. TWENTY YEARS SAME LOCATION.

Market Outlook and Competition:RECENT CHANGE OF CITY ZONING RESTRICTS ANY NEW PAWN SHOPS IN NEW CITY BUSINESS OVERLAY DISTRICT. HENCE NO NEW COMPETION. NEAREST COMPETITOR JUST MOVED TO NEXT COUNTY.

About the Sale

Reason For Selling:RETIREMENT

Seller Financing:SELLER WILL CONSIDER PARTIAL FINANCING TO QUALIFIED BUYER

KEYWORDS: COMPANY HAS HAD CONSISTANTLY PRODUCED HIGH RETURNS ON BOTH LOAN INTEREST AND RETAIL SALES. ONSITE JEWELER AND WATCH MAKER IS ANOTHER STEADY PROFIT CENTER. HIGH END CLIENTELE. PAWN BUSINESS IS GREAT IN BAD TIMES WHEN PEOPLE SELL TOYS AND GREAT IN GOOD TIMES WITH PEOPLE LOOKING FOR BARGINS.

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Business Listed By
Leo Kirkman \| Abrams Kirkman Associates, Inc View All of My Listings


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