Pawn Shop Loan Business Gold Buying Jewelry Owner Financing
Business Description
Pawn Loans Recession Resistant Limited Competition Exclusive License
“ Exclusive Opportunity
Asking Price: $1,950,000. This includes the right to transfer ownership of license with FF & E.
Inventory: Included-Inventory will be adjusted at time of closing
Active Loans: Active loan amount will be adjusted at closing
Location: St. Louis (County ) , Missouri
Square feet 6300
Real Estate Information: Part of building rented out. 18 ft high ceilings
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: $1,950,000. This includes the right to transfer ownership of license with FF & E.
Inventory: Included-Inventory will be adjusted at time of closing
Active Loans: Active loan amount will be adjusted at closing
Location: St. Louis (County ) , Missouri
Square feet 6300
Real Estate Information: Part of building rented out. 18 ft high ceilings
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 Full-time
- Facilities & Assets
- FFE will be included in the successful completion of lease/sale of building. FFE include signage, safes, security systems, shelving and show cases. .
- Market Outlook / Competition
- There are no more new licenses currently available in the area. Presently , the only way to own a pawn shop or collateral loan business in this city or St. Louis County is to purchase an existing pawnshop. This presents a unique opportunity . This license represents a high barrier to entry that prevents new competition from entering the local market.
In this jurisdiction, pawn licenses are strictly limited by a city/county cap. Because no new licenses are being issued, a competitor cannot simply rent a space next door and open a shop. - Opportunities for Growth
- Lots of room for expansion. Could be one of the larger pawn shops in the area
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 6,300
- Rent
- $3,281.00 per month
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Negotiable
- Financing Options
- Will consider financing to qualified Buyers for Real Estate
Listing Info
- ID
- 2327137
- Listing Views
- 4138
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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