Southwest VA- Pawn Shop

Confidential, VA


Asking Price: Annual Revenue:
$1,750,000 $1,323,014

Services: Financial, Accounting, Insurance


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RE: Southwest VA- Pawn Shop Broker: Mike Keen

Quick Facts

Asking Price: $1,750,000
Annual Revenue: $1,323,014
Net Profit: Not Disclosed
Cash Flow: $309,824
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: Not Disclosed
BBN Listing #: 595938952
Broker Reference #: ROANOVA001-N360

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Business Overview:

Southwest VA - Pawn Shop Sunbelt Business Brokers of Roanoke and Lynchburg present an opportunity to own one of the busiest pawn shops in the area. The present owners have experienced management and staffing in place that allows the business to be run absentee.The business has enjoyed success for over 10 years and has a stellar reputation in the surrounding community as a clean, safe, well organized store featuring a wide variety of service offerings and diverse revenue streams. In addition to the loan book, there is a huge selection of marketable inventory to sell that is managed with an industry leading software system, including multiple workstations that the employees utilize to service the loyal customers. Inventory included in the purchase price of this business is comprised of an extensive selection of jewelry, musical instruments, appliances, tools and equipment, electronics, movies / video games - almost any item you can name! The current owners have created an enormous amount of sales online to a nationwide audience. This business resides in a large free-standing building on a main thoroughfare boasting more than 30,000 cars per day. The building is included in the asking price. The current owner has kept excellent daily records of sales and interest earned in this cash producing business. Modern security systems keep the owner apprised of customer and employee activities. The current owners are willing to provide training to provide a successful transition to the buyers. For more information on this listing, contact: Mike Keen at (540) 281-3701 or mkeen@sunbeltnetwork.com. For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg at (540) 777-1585. View our website at http://http://www.sunbeltnetwork.com/roanoke-va/. You can also like our Facebook page and receive periodic business listing updates. Our Facebook page is Sunbelt Business Brokers of Roanoke and Lynchburg - https://www.facebook.com/sunbeltbusinessbrokersroanoke/

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Reason for Selling:

Other Opportunities

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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