Own the Only Pawn Shop in Town, 30 Year History!

Louisburg, NC
Franklin County


Asking Price: Annual Revenue:
$139,999 Not Disclosed

Retail: Non-classifiable


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RE: Own the Only Pawn Shop in Town, 30 Year History! Broker: Neal Isaacs

Quick Facts

Asking Price: $139,999
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $72,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: Not Disclosed
BBN Listing #: 21854992
Broker Reference #: 1695661-NI

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Business Overview:

Seeking a Cash Business? Look No Farther; Pawn Shop For Sale...

This pawn shop makes money through high interest loans as a secondary market for locals who need cash fast. Secured by hard goods, this pawn shop accepts jewelry, outdoor equipment, tires, tools, firearms, and electronics for short term loans. Items that aren't redeemed through repayment of principal and interest are sold at high margins or sold to refineries for cash.

The result is a consistent, cash flowing business with lots of inventory.

The small town that this pawn shop operates in contains the perfect demographics to support this community staple for small business. There is no shortage of customers or product to keep products coming in and keep cash as the middle person in the deal.

This business seeks a new owner operator as the current owner is ready to retire.

Screened buyers will have the opportunity to audit the business to validate the representations made by the owner after proofing they have the capacity to buy the business for cash.

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.

Property Features and Assets:

Free standing location that was formerly a church; ample storage, back office, and walk in safe for security.

Reason for Selling:

Retirement

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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