Owner Financing is Available
Business Overview:
This well respected pawn shop was opened in 1999 by the current owner, who had experience managing a pawn shop for several years in another state. The business has been operated as an upscale pawn shop under the same management for all ten years and has a very low employee turnover rate. The company’s mission is to always exceed customer expectations in providing pawn loans (collateral loans), purchase of items presented for sale, jewelry repairs, and gun transfers, which has been a profitable addition to the services offered. The company averages over 700 pawn loans a month, with less than 10% of those loans defaulting, since they make it a practice to call each customer 24 hours before the loan is due, which customers appreciate. The state of Oregon has high regulations for this type of business, and the company has met and exceeded all standards, and all items are checked by the local police department, who has a high regard for the respectability of this business, to ensure none of the merchandise has been stolen. This is a well established and respected business that provides top notch service to customers and is ready for new ownership to continue those trends.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Owner wishes to pursue other business interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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