Sell a Business!
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Utah Business For Sale |
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| PAWN SHOP |
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| Attn: Not Available |
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| not disclosed, UT, USA |
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| Asking Price: |
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$350,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Non-classifiable |
| Reason for Selling: |
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retirement |
| Year Established: |
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1995 |
| # of Employees: |
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8 |
| Yearly Revenues: |
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$427,391 |
| Yearly EBITDA: |
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$101,159 |
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Business for Sale Overview:
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This is an excellent, well established pawn shop, in business since 1995 with two locations. They have limited competition in their immediate areas. The business includes $150,000 in good sellable inventory and $100,000 in pawn options. Merchandise on pawn option loans receive 15% per month and unless renewed within 30 days are put out for sale. This business is run absentee by the owner so an owner/operator should be able to substantially increase sales and profits. Pawn shops are very good "recession proof" businesses because when the economy is bad the pawn side of the business increases, and when the economy is good, the sales side of the business improves. It is very rare to see a pawn shop go out of business. Seller financing is negotiable for a qualified buyer.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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