Top Tier Pawn Shop - East Valley

Pinal County, AZ

Pawn Shop for Sale
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Asking Price: Get Financing: $699,000

Cash Flow: $150,000

Gross Revenue: $700,000

EBITDA: $180,000

FF&E: $40,000

Inventory: $300,000

Lease Rate: $15.60 /SF/Year

Established: 2011

Top Tier Pawn Shop - East Valley

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Business Description

Family Friendly Business in Phoenix Metro's Fastest Growing Area

An established family-friendly pawn shop in the eastern suburbs of Phoenix, AZ. The US Census Bureau says the surrounding community had a growth rate of 14.49 percent adding 54,467 new residents in 2017. Additionally there are hundreds of new homes being built in the immediate area which will provide outstanding growth potential for both sales and finance revenue streams.
The monthly rent includes "triple net" and maintenance costs.
This is a turn key business opportunity, attractive to both first time pawn shop investors and experienced industry operators. Lease (options) runs through 2029.
The profitability valuation of the business is calculated using the Seller's Discretionary Income modeling method. Most recent 12 months rolling SDI is $180,000 (thru July 2018). Details will be made available.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
3/1/2024
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The location is 5K sqft+/- in a fully leased shopping center with plenty of parking, with other businesses and restaurants on the adjacent 3 corners of a major intersection. The retail environment is warm and inviting, with carpeting and glass chandelier in the center of the room. All FFE such as glass cases, POS counter, work stations, retail racks/counters, storage racks, fireproof safes, filing cabinets, desks, cleaning/testing stations, phones, computers, fully outfitted warehouse area, are included in the purchase price.
Competition:
This business is located in the suburbs and markets itself as family friendly with an emphasis on attracting the soccer moms in the community. Currently there are no direct competitors within a 10 mile radius.
Growth & Expansion:
The community growth rate is the highest in the State of Arizona, with an overwhelming majority of that growth being middle-class single family homes. The owners of the shopping center are very accommodating and would be happy to look at a potential future expansion of the business if you so desired.
Support & Training:
Seller will provide personal one/one training up to 45hrs/week for two consecutive weeks. Ongoing support on consultation basis is also available.
Reason for Selling:
Owner relocation - out of State.
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Business Listed By:
Bill / Michael

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