Asking Price: $365,000 Gross Revenue: $301,182Cash Flow: $133,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $120,000 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.
$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.
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 & Conditions.