Cash Cow Pawn Shop

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Recession Proof!
Asking Price:
$365,000

Gross Revenue:
$303,314
Cash Flow:
$133,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$120,000
included in asking price

FF&E:
$20,000
included in asking price

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Business Description

$120,000 in inventory and cash on the street included in sale!

One of the region's oldest pawn shops is for sale. This is a turn-key business with a solid customer base.

The shop offers loans and also sells lightly used inventory to long-time loyal customers. Monthly interest rate is 20 percent which works out to about $17,000 a month in interest income alone for this shop.

Seller has excellent records as required by the State. Seller keeps busy all day with walk in sales and loans.

Seller makes money on all sides of the business and has a good amount of loans on the street. New Owner could take to another level though adding fire arms and selling items online.

Great location with off-street parking.

Sale price include inventory and approximately $85,000 in loans out.

About the Business

Number of Employees:
1
Real Estate:
Leased
Lease Rate/Sq. Ft./Yr.:
$10.00
Facilities:
Retail environment. Excellent location.
Website:
www.transworldnh.com
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About the Sale

Reason For Selling:
Retiring
Training/Support:
2 weeks

Listing Info

ID:
1385986
Ad Detail Views:
810

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Business Listed by

Jody Reese

Transworld Business Advisors New Hampshire
License# NH0673

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U.S. Census Data for Hillsborough County, NH
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Hillsborough County, NH
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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