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Under Contract #1 Pawn Shop Great Area and Cash Flow!

Saint Petersburg, FL (Pinellas County)

Seller Financing Available
#1 Pawn Shop $$$ Maker

Asking Price:$99,000

Cash Flow:$68,000

Gross Revenue:N/A

EBITDA:N/A

FF&E:$20,000

Inventory:$70,000

Lease Rate:$1,883 /SF/Month

Established:2013

Under Contract #1 Pawn Shop Great Area and Cash Flow!

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Business Description

Turn -Key pawn shop will all the services in place. Seller has excellent records as required by the State. Seller keeps busy all day via both internet and walk in sales. Seller makes $$ on all sides of the business. New Owner could take to another level though buying more. Sales have had a rapid increase over the past several months. Perfect time to get in early before the holiday season starts and December is the busiest month of the year.

Important: All buyers must sign and NDA either the one attached or request an electronic one. Proof of funds and any photo ID required as per agreement with sellers. Business will not Qualify for SBA or bank financing due to the nature of the industry.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located on a busy corner street with lots of drive by and walk-ins. Stand Alone building with ample parking for inventory vehicles, boats, motorcycles and more. Storage for all pawns and heavy duty safe for jewelry guns and coins.
Competition:
Not much competition and located in the perfect area for this type of business.c
Growth & Expansion:
Plenty of room for more curb appeal, website and marketing presence. More invested in pawns will see a direct result of increase of revenues.
Financing:
With 99K down seller may finance remainder
Support & Training:
Seller will stay on for up to tow weeks for smooth transition an introduction to business.
Reason for Selling:
Seller has other obligations.

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Pete Harrison

Business Listed By:
Pete Harrison

Legacy Venture Group USA, Inc.

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