301890-TS Successful Pawn Shop- Can be Absentee

Richmond, VA (Chesterfield County)

Seller Financing Available
301890-TS Successful Pawn Shop- Can be Absentee
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Asking Price: $125,000

Cash Flow: $62,000

Gross Revenue: $150,000

EBITDA: N/A

FF&E: $25,000

Inventory: $50,000

Established: N/A

301890-TS Successful Pawn Shop- Can be Absentee

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Business Description

Successful and well established pawnbroker for sale in a great location. High visibility on a major road around national anchors makes this a fantastic opportunity for a new owner. INCLUDING the current inventory, this is a turn-key operation. Come in and collect the interest on currently pawned goods while selling current inventory or expanding as you see fit. Large storage area allows for significant inventory expansion, and low rent and overhead creates an easy profit stream. Currently run owner-absentee, a new owner would be able to manage as well allowing for a bump in income. Advertised Seller Discretionary Earnings assumes owner-operator.

Detailed Information

Location:
Richmond, VA
Inventory:
Included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
35000.00
Support & Training:
2 weeks
Reason for Selling:
retiring
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Tommy Salmani

Business Listed By:
Tommy Salmani

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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Demographic Information

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