Established 2 Location Pawn & Loan Business

Birmingham, AL
Jefferson County

Not Disclosed

Asking Price: Annual Revenue:
$1,350,000 $1,984,076

Retail: Consignment, Pawn Shop, Thrift Stores

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RE: Established 2 Location Pawn & Loan Business Broker: Alexander Archer

Quick Facts

Asking Price: $1,350,000
Annual Revenue: $1,984,076
Net Profit: Not Disclosed
Cash Flow: $390,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 457462583
Broker Reference #: 1856084

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Business Overview:

A 2 location Pawn shop with prime for the industry locations in Central Alabama. Serving their respective communities for the last 10 years, both locations have a stellar reputation and a loyal customer base. The current owner is in a “mostly absentee” role and describes his role as encouraging the employees, store managers and district manager and reinforcing a positive company culture and operational excellence. All management and employees are willing to stay so this is a fantastic opportunity for a new owner regardless of previous pawn experience.

The buildings are on lease but can be transferred, renewed and/or extended. The buildings have amazing storage and inventory areas for collateralized merchandise. The company includes the show cases, sales inventory items, security systems, sales systems etc…. This really is a turnkey opportunity with amazing cash flows and even further growth potential as the owner doesn’t currently utilize any marketing. SDE for the 2 locations combined is consistently ~$400K or more depending on the spot price of scrap precious metals, which is expected to rise substantially in the coming years.

This is currently the only Pawn shop listed for sale in the entire state and it couldn’t be a better situation for the next owner. Don’t miss out on this amazing opportunity -

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

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