Business Overview:
This well run pawn shop business has enjoyed 73 successful years of operation. In previous years the business functioned as a broad- based pawn shop. Over the years the owner transitioned exclusively to gold and jewelry. A new owner can maintain this successful business model or expand into additional products. The focus of the business is to meet the needs of the "unbanked". Seller believes that a new owner can expand retail sales by increasing the number of display cases for the jewelry. The business has one of only 13 active pawn shop licenses in the city of Saint Louis.
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.
Property Features and Assets:
Assets=$420,000.
Market Competition and Expansion:
Only 13 pawn shop licenses are active in the city of Saint Louis.
Reason for Selling:
Seller wants to retire
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.
Resources: