Business for Sale Overview:
This recession proof business is located in a town of 150,000. The 2,000 square feet building is included. Why would you put your money in the bank and earn less than 1%. Illinois law allows a pawn shop to charge 20% a month, which is 240% a year. The customer leaves a valuable item, you give them some cash, and they pay you monthly until they pay the loan off to get the pawned item back. This pawn shop has over $150,000 a year in sales and over 100 people every month paying on pawns. This place is open five days a week so it is very easy to run. The owner has had it over 10 years. There is a ton of gold coming in right now which makes this a Hot Business. This shop sells jewelry, tools, musical instruments, and much more.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Additional Details:
- The property is leased.
- The owner is not 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.
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.