Established Pawn Shop Limited Competition Recession Resistant For Sale
Business Description
Prime Location
“ Exclusive Opportunity
Asking Price: $450,000 This includes the right to transfer ownership of license with FF & E.
Inventory: Not Included-This will eliminate one of
the variables for the prospective Buyer.
Inventory sale is negotiable.
Active Loans: Not Included in asking price. Active loans will be added to sale price at time of Agreement. Active loan amount varies . Also active loan hold times vary because of business strategy.
Location: St. Louis (County ) , Missouri
Square feet 4700 (could expand to 6300)
Rent: $4993/Month
Real Estate Information: Buyer option to purchase property
and option
to expand in other parts of the
building.
Furniture, Fixtures &Equipment (FF&E): Included in asking price are safes,
shelving, security systems and camera systems.
Support & Training: Negotiable
Reason for Selling: Retiring
Competition: Limited as Seller holds one of the exclusive pawn licenses issued
Established: Decades in business
Decades of Proven Success: This well-established pawn shop has enjoyed a long history of success in a prime St. Louis metro location with high traffic flow.
Exclusive Market Position: Benefit from an exclusive market position with no new licenses being issued in the area ensuring limited competition.
Recession Resistant Business-During downturns in the economy , there is an increase in demand for loans thereby benefiting pawn shops.
High Security Features: The business incorporates robust security measures for both employees and valuable inventory.
Prime Real Estate : This includes the opportunity to expand in the building and also purchase prime commercial real estate property, providing significant long-term value and flexibility and plenty of room for expansion.
Usable floor space could be doubled to 9400 Sq. Ft because of ceiling height.
High Growth Potential: Tap into a strong customer base and explore opportunities for further expansion.
Confidentiality Assured: All inquiries are handled with strict confidentiality to protect the existing business operations.
Additional Information: Buyer is responsible for obtaining and or transferring all licenses required by Federal, State and Local laws. Price is based on current loans and will be adjusted based on loans.
Please include your name, contact information, and a brief background. Because of the confidentiality of this listing, proof of funds and or fundability is required along with a signed Non-Disclosure Agreement (NDA).
Asking Price: $450,000 This includes the right to transfer ownership of license with FF & E.
Inventory: Not Included-This will eliminate one of
the variables for the prospective Buyer.
Inventory sale is negotiable.
Active Loans: Not Included in asking price. Active loans will be added to sale price at time of Agreement. Active loan amount varies . Also active loan hold times vary because of business strategy.
Location: St. Louis (County ) , Missouri
Square feet 4700 (could expand to 6300)
Rent: $4993/Month
Real Estate Information: Buyer option to purchase property
and option
to expand in other parts of the
building.
Furniture, Fixtures &Equipment (FF&E): Included in asking price are safes,
shelving, security systems and camera systems.
Support & Training: Negotiable
Reason for Selling: Retiring
Competition: Limited as Seller holds one of the exclusive pawn licenses issued
Established: Decades in business
Decades of Proven Success: This well-established pawn shop has enjoyed a long history of success in a prime St. Louis metro location with high traffic flow.
Exclusive Market Position: Benefit from an exclusive market position with no new licenses being issued in the area ensuring limited competition.
Recession Resistant Business-During downturns in the economy , there is an increase in demand for loans thereby benefiting pawn shops.
High Security Features: The business incorporates robust security measures for both employees and valuable inventory.
Prime Real Estate : This includes the opportunity to expand in the building and also purchase prime commercial real estate property, providing significant long-term value and flexibility and plenty of room for expansion.
Usable floor space could be doubled to 9400 Sq. Ft because of ceiling height.
High Growth Potential: Tap into a strong customer base and explore opportunities for further expansion.
Confidentiality Assured: All inquiries are handled with strict confidentiality to protect the existing business operations.
Additional Information: Buyer is responsible for obtaining and or transferring all licenses required by Federal, State and Local laws. Price is based on current loans and will be adjusted based on loans.
Please include your name, contact information, and a brief background. Because of the confidentiality of this listing, proof of funds and or fundability is required along with a signed Non-Disclosure Agreement (NDA).
About the Business
- Employees
- 2
- Market Outlook / Competition
- There are no more new licenses currently available. This presents a unique opportunity for the new owner to acquire a long established business.
- Opportunities for Growth
- Lots of room for expansion. Could be one of the larger pawn shops in the area
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,700
- Rent
- $4,993.00 per month
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- One month, possibly longer.
- Financing Options
- Will consider financing to qualified Buyers
Listing Info
- ID
- 2327137
- Listing Views
Listing ID: 2327137 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 full Terms of Use. Learn how to avoid scams.
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