301890-TS Successful Pawn Shop- Can be Absentee

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Successful Pawn Shop- Can be Absentee
Asking Price:
$125,000

Gross Revenue:
$150,000
Cash Flow:
$62,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$50,000
included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Successful and well established pawnbroker for sale in a great location. High visibility on a major road around national anchors makes this a fantastic opportunity for a new owner. INCLUDING the current inventory, this is a turn-key operation. Come in and collect the interest on currently pawned goods while selling current inventory or expanding as you see fit. Large storage area allows for significant inventory expansion, and low rent and overhead creates an easy profit stream. Currently run owner-absentee, a new owner would be able to manage as well allowing for a bump in income. Advertised Seller Discretionary Earnings assumes owner-operator.

About the Business

Location:
Richmond, Virginia
Number of Employees:
3
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks
Seller Financing:
35000.00

Listing Info

ID:
1632821
Ad Detail Views:
1178

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Business Listed by

Tommy Salmani

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:

Transworld Business Advisors CEO, Rupesh Bharad
Transworld Business Advisors of Richmond VA


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