Turn-Key Gun and Pawn Shop in Midlands of SC

Lexington County, SC

Turn-Key Gun and Pawn Shop in Midlands of SC
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Asking Price: $641,643

Cash Flow: N/A

Gross Revenue: $398,520

EBITDA: N/A

FF&E: $14,255

Inventory: $334,888*

Rent: $9,912.50 /Month

Established: 1985

*not included in asking price.

Turn-Key Gun and Pawn Shop in Midlands of SC

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Business Description

Well Established Gun and Pawn Shop in West Midlands of SC. Business has been in existence for over 20 years with good books and inventory. Inventory consists of jewelry, firearms, electronics, musical instruments, tools and more.
Great location with heavy traffic, repeat clients and knowledgeable staff.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
9,150
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Multi tenant metal building Well established gun and pawn shop that has been in business for 33 years. This is a turn key business opportunity, attractive to both first time pawn shop investors and experienced industry operators
Competition:
Surrounding area has a few small pawn shops, but nothing to compare with the inventory and staff knowledge at this business.
Growth & Expansion:
Growth potential through marketing, increased firearms inventory (huge client demand) and aggressive advertising. The community growth rate is one of the highest in SC.
Support & Training:
4 weeks
Reason for Selling:
retiring
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Barry Johns

Business Listed By:
Barry Johns

TransWorld Business Advisor of Columbia West

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