Business Overview:
There is not a more lucrative business than a pawn shop. This well established pawn shop is a big money maker. Just about 20 years in the business! In Illinois, you earn 20% per month on all pawn money loaned out to customers. 240% a year! Because of the economy, the pawn business is going to keep growing. Because of the pawn TV shows, the pawn business is going to keep growing. This Peoria area pawn shop has over 4,500 square feet and the rent is only $2,500 a month. The 2009 pawn shop sales were $480,000. The 2010 pawn shop sales were $465,000. That amount includes fees collected on pawned items. Just the monthly interest from pawned items is $13,500. You can add check cashing, loans, bill payment, and much more. You also could be open longer hours. The price includes fixtures, business, name, phone number, training, and some inventory. Do not wait...call on this before it is gone. Contact Jeff Highfill today until 10 PM.
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.
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.
Resources: