Business Overview:
Reason for Sale: Absentee Owner- Out of State Owner - Pawn Shop for Sale in a Suburb of Knoxville. Established for 20 years. Perfect books & records. Business has 2 key employees to help transition. $59,000 of Current Inventory & $1,900 in layaway & $18,915 in Pawn Base included. Currently no advertising. Income derived from pawn (guns & sale of inventory). Growth potential in marketing to increase demand for guns. Inventory items included (jewelry, TV's, tools, lawn equip, weapons, etc). Owner benefit for a working owner. Perfect opportunity for a 2nd location for local pawn shop owners. 2020 #'s Thru October.
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Property Features and Assets:
Rent $3,000-Lease expires 12/31/2024/ 3,000 square feet / Store Front.
Assets= $64,000
Reason for Selling:
Absentee Owner-Out of State owner.
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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