Business Overview:
This Oklahoma City pawn shop originated in 1990 at its’ current location. This pawn shop originated in 1990 at it's current location. It has enjoyed 21 successful years of operation. The focus of the business is to serve the needs of the "unbanked" by providing cash liquidity for hard goods especially guns, ammunition, gold, jewelry, tools and larger pawned items. Approximately 65% of the business is in guns/ammunition, 15% in jewelry and 20% other. A new owner can increase profits by increasing the focus on gold and jewelry. The nearby area has a median household income of $40,938. The pawn shop is located on a well know street with good traffic volume. The stand-alone building is easily identified while driving in either direction.
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=$397,132
Market Competition and Expansion:
Enough separation from other pawn shops to support strong growth.
Expanded focus on gold and jewelry.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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: