Business for Sale Overview:
This is a fresh and exciting retailing and financial services concept. Currently operating 2 company owned stores plus a network of additional sites under their franchise model.
This business concept is a modern and friendly environment offering the following services:
Pawnbroking & Buyback service;
Buy and sell pre-owned goods;
Buying unwanted gold and jewellery;
Third party cheque cashing;
Pay Day Loans;
Worldwide money transfer;
Bureau de Change.
The business model benefits from a range of revenue streams and avoids the seasonal trends often experienced in other industries. For example customers could be seeking a short term loan, to sell an item of value, cash their salary cheque, sell their gold or use our traditional pawnbroking service. The stores are a hive of activity where the customers can purchase a range of quality pre owned goods.
This business consists of two corporate owned stores in Hertfordshire and Middlesex, which trade from excellent locations servicing the local community. Because of the diverse range of services offered it has encouraged stability to the business allowing it to respond to the ever changing economic conditions.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The business operates from 2 shop premises that are on renewable leases, plus an administration office above the Middlesex shop which is on a short term renewable lease.
Market Competition and Expansion:
Some advertising is placed within the local press. The business will undoubtedly benefit however, from the development of a strategic marketing plan, encompassing all media types. A professionally hosted website has been established, which can serve as the start of this new plan.
Reason for Selling:
Now wishes to pursue other areas of interest.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.