Very Profitable Pawn Shop-Clean Books (ID: 1106486)

FINANCIAL DETAILS
Asking Price: $2,325,000
Gross Revenue: $737,808
Cash Flow: $352,197
Inventory: $300,000 ++
Real Estate: n/a **
FF&E: n/a **
Business Listed by Christina LazuricCalifornia Business BrokersLicense: 01495314View All of My Listings
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Very Profitable Pawn Shop-Clean Books
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Business Description

Breakdown of purchase price:
Business $1,375,000
Loans $650,000
Inventory $300,000
Total $2,225,000

This incredible profitable business should qualify for for an
SBA loan. Buyer would need 20% ($450k) down.

Seller will train a buyer on how to properly run this type of
business over an 8 week period.
3 FT employees, seller manages.
Established in 2001, this business has perfect demographics
for driving loan business and excellent reputation for resale of
merchandise to high end South Orange County jewelry shops.

All buyers must provide a financial statement and proof of
funds in addition to a non disclosure.
Buyer must have no felony record to qualify for bond and
pawn brokers license.
** Very Clean books & records**.

About the Business

Year Established: 2001
Number of Employees: 3 ft

Facilities: 3000 sqft retail location.

About the Sale

Reason For Selling: Seller has another business interest

Training/Support: 8 weeks by the seller

Cash Flow Comments: EBITDA: $287,677

Seller Financing: SBA Possible

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness.Please review our full Terms & Conditions here.

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