NOT DISCLOSED, South Dakota
| Asking Price |
$325,000 |
Year Established |
1986 |
|
| Annual Revenue |
$468,456 |
Reason for Selling |
Owner & family want to move on and focus on other endeavors. |
|
| Annual P/L |
$0 |
Attention |
Bryan Mulder |
|
| Annual Cash Flow |
$3,343 |
Listing Number |
1014157 |
|
| # of Employees |
6 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
Niche Financial Services & Retail Business for Sale. This well-established business has served the SE South Dakota market for approximately 40 years, with the past 27 years under the same ownership. The business operates multiple complementary revenue streams from a single location, including collateral-based lending, retail resale, firearms sales, and check-cashing/money services — giving a buyer a diversified, asset-rich operation rather than a single-line retail concept. With roughly 3,000 SKUs of inventory on hand and a substantial loan receivables portfolio, the business carries significant tangible asset value on the balance sheet, offering buyers tangible downside protection beyond reported earnings alone.
The business benefits from a long-tenured, stable staff (several employees with 5+ years of service) and a loyal local customer base built over four decades. Operating hours are currently 5 days a week, with predictable seasonality (strongest around the holidays). A clear growth opportunity exists in expanding online sales. This is an excellent opportunity for a buyer, particularly one who can qualify for the required firearms and pawnbroker licensing, to step into an established, asset-backed operation with room to grow.
Property Features and Assets:
<p>The current facility is adequate for current and future demand.<br></p><p>Assets = $281,935</p>
Market Competition and Expansion:
<p>Competition in this industry could be considered mature. With that said, this location is a high traffic location with a decent distance from its competition.<br></p><p>This industry can be considered mature. With that said, there are things a new owner can do to drive sales. To name a few:<br>1. Increase social media activity<br>2. Increase online sales<br>3. Do spot-light paid marketing<br>4. Reset the retail layout, etc.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity