Asking Price: $159,900 Gross Revenue: $504,626Cash Flow: $55,838 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $115,000 included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Bring Offers! This business is a well-known pawn shop which offers loans and sells new and lightly used inventory to long-time loyal customers. Sale price includes: inventory of $115,000; outstanding pawn loans receivable of $23,000; fixtures; goodwill; and the customer list (over 60% of customers are repeat).
The areas of focus are firearms, musical instruments & equipment, tools and jewelry. There is also a U-Haul rental business, that brings in approximately $20,000 in annual revenue and drives customer traffic. This can be transferred to a new owner, if desired.
About the Business
Number of Employees:
Building Sq. Ft.:
This is a stand-alone building located along a very busy street, near shopping and residential locations. The business was established in 2011 and the current owner fully took over the business in 2013.
There are 11 other pawn shops in Utah County, and five other pawn shops in the immediate Orem/Provo area. This shop has generally received positive Google reviews ~ “They are friendly, helpful, and it is hard to beat their prices...very fair.”
Growth & Expansion:
Seller recently has been unable to devote full time to the business due to other commitments. Therefore, this business will be able to grow with a full-time owner/operator who can increase inventory, and re-focus on the jewelry aspect of the business.
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. See our
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