Pawn Shop with Real Estate

Not Disclosed, WA
Clark County

Asking Price: Annual Revenue:
$495,000 $500,000

Retail: Consignment, Pawn Shop, Thrift Stores

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RE: Pawn Shop with Real Estate Broker: Jeffrey Bryan
Owner Financing is Available!
The seller will finance $250,000 of the transaction for a qualified buyer.

Quick Facts

Asking Price: $495,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $290,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 817635781
Broker Reference #: PS2021

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Business Overview:

This pawn shop has been a trusted fixture in Clark County, Washington for many years. The business model loans funds on valuables (jewelry, tools, firearms, musical instruments, and other valuables) and makes money whether the collateral is picked up or surrendered at the end of its term. Surrendered items become inventory after ninety days and then are sold to the steady stream of customers that shop the store for a variety of unique merchandise.

The business is located in a family-owned building. The shop occupies approximately 4,000 square feet with a basement and backroom for storage of secured items (current lease is $5,000 per month).

Clark County is a suburb of the Portland Metro area boasting a diverse mix of demographics where pawn shops traditionally do well. Clark is Washington’s 5th most populous county with average household income of $75,253 just above the national average of $68,703. The shop has a great reputation with walk-in customers being known for jewelry and firearms, but has traditionally underutilized online product marketing (eBay, Offer up, Facebook Market, Craigslist, etc.) and web presence.

Days of operations are Monday through Friday 10:00 AM - 5:30 PM and Saturday 10:00 AM- 4:00 PM.

Ownership fulfills sales & management roles, with the help of an additional sales/ loan staff. The seller is willing to properly transition to a new owner into the business with post transaction training.

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 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.

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