Profitable Pawn Shop For Sale!

Location: Birmingham, Alabama (Jefferson County)

Financial Information
Asking: $249,000
Gross: $466,000
SDE: $95,000
Inventory: $50,000 (included in asking price)
Furniture, Fixtures & Equipment: $40,000 (included)

Business Description
Rare Opportunity to Acquire a Well Established Pawn Shop! This pawn shop has been in business since 1994. Currently there is $65,000 in loans otherwise known as Money on the Street! There is also $50000 in saleable inventory – Inventory includes jewelry, guns, and electronics for the most part- All is included in the asking price! This could be a great opportunity for for either a hands off owner or an owner operator- Do not hesitate to find out more about this business- Inquire today or it could be gone tomorrow!

Facilities: This business is located in a free standing building and is in good condition- Front of the store parking- Location is superb! Rent is $2500 a month and have extensions through 2034. Sq feet is approximately 2000.
Competition: No other pawn shops in the area
Growth and Expansion: Plenty of growth opportunities with this pawn shop- You could easily add car loans, check cashing, extend hours, and open 7 days a week- Even could create more traffic with a website-
Support/Training:
Owner is willing to do what’s necessary for smooth transition
Financing: Negotiable
Reason Selling: Other business interests
Established: 1994
Employees:
2