High Volume & Highly Profitable Pawn Shop – Established 40+ years - $390,000 in annual cash flow

FINANCIAL INFORMATION
  • Asking Price: $699,000.00
  • EBITDA:
  • Gross Revenue: $1,146,065.00
  • Cash Flow: $394,000.00
  • FF & E: $200,000.00
  • Inventory: $100,000.00
  • Financing: No
BUSINESS LOCATION

Atlanta

DESCRIPTION

RETIREMENT SALE - This is a rare opportunity to acquire one of Atlanta's Largest and Oldest Pawn and Gun Stores. This business is PRICED TO SELL QUICKLY. The sale includes $250,000.00 in inventory and $200,000.00 in FF&E. There is a full time manager in place with 15 years of experience, and 2 additional well trained and highly experienced employees. The owner of the store is absentee. This is a complete turnkey opportunity - Make money the day you take over - Business can easily net an owner operator $500K+ per year. The business requires a business license, gun license, and a pawnbrokers license.

REASON FOR SALE

Retirement

FACILITIES

The business operates from a free standing 8,000 sq. ft. building with triple net lease-$7,100 per month rent – expires April 2029

Details

  • Home Based: No
  • Franchise: No
  • Distressed: No
  • Relocatable: No
  • Year Established: 1979
  • Year Acquired: 2019
  • Willing To Train: Yes
  • Real State Available: No
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Is Management Staying: No
  • Days Open: Mon-Sat, closed Sunday
  • Hours Open: Mon-Fri 10 -6:30 pm Sat 10-5 pm
  • Full Time Employees: 3
  • Building Size: 8000 Sq. Ft.
  • Listing Id: SA1549

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