Seller's Contact Information
- RE: Durham County Pawn Shop For Sale With $48,000 Inventory Included
- Contact: Shanon Madrid
Quick Facts
Asking Price: | $75,000 | |
Annual Revenue: | $96,691 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $30,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 1 | |
BBN Listing #: | SB-54438 | |
Broker Reference #: | DURHANC001-54438 |
Business Overview:
Attention all entrepreneurs! For sale: Newly established pawn shop in Durham County, North Carolina! This pawn shop is an incredible opportunity for anyone looking to enter the pawn shop business or expand their existing portfolio. It is situated in a secure strip mall in 3 combined office suites for a total of 3,700 sq ft. They accept a variety of items as collateral for loans, including gold, jewelry, electronics, musical instruments, firearms and more. Firearms License can be transferred to the new owner through ATF in a matter of weeks. Current inventory valued over $48,000. First year revenues are $86,565 and that does not include scrap gold/silver: Current loan balance: $9,400. 83 Google reviews, 99% 5 star ratings. Ebay store with positive seller rating will be transferred to the new owner. Financials are available via a highly intuitive point of sale system, Bravo Systems POS Program, which includes Buya.com online Website store, a $5,000 Value with low $250 Month Maintenance. 10TB HD DVR SYSTEM with 10 security cameras worth $12,000.00. Alarm system with cellular backup $3,000.00 with front door magnetic lock control. All front glass has security film applied worth over $6K. Custom store front (shelves, etc.) $25,000 cost not including the construction costs! Jewelry and Gun Safe, Jewelry cases with LED lighting, slat wall with Gondola shelving all around the showroom. 2 Workstations networked to one cash drawer, jewelry, merchandise, receipt printers and dual tray printer for pawn tickets and plain paper items. Heavy-duty rack storage in the back room. ALL INCLUDED!! Don't miss out on this amazing opportunity! Contact us today for more information and to schedule a private viewing. Latasha Clark, Lclark@sunbeltnetwork.com. Thank you!
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Property Features and Assets:
3,700 square feet with 40 feet for frontage glass. Hardcore solid doors with kick plates and steel frames.
Market Competition and Expansion:
There are several National Pawn shops in the area however not as competitive.
Reason for Selling:
Relocating for family
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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