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Pawnshop Retail Business For Sale

4/wk
Columbia, South Carolina, United States
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Asking Price$900,000
Revenue$750,000 Established2000
Cash Flow$150,000 Employees4 full-time
FF&E$60,000* FranchiseNo
Inventory$500,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
One of the best known Pawnshop in Columbia, SC area. The local regulations will not allow additional pawnshops in the area. This location is Grandfathered and will be allowed.This shop does about 65% in jewelry and 30% in firearms. Outstanding loans average $50,000 with a 20% return. There are 4 employees plus the owner. One employee is a expert jewelry designer. He desires to remain with the business. Computer records are are very sofisticated and make control and firearm dealings well documented.  Contact Bill York 803 513 3112 for additional information.Â

Required Licenses: Retail, Weapons, Prec Metals
Competition:There are many pawnshops in the Columbia area. Only a few are established with the reputation of this shop.
Growth Potential:There is no advertising or internet promotion.
Training/Support:Owner with train and gladly consult for buyer.
Sale Reason:Seller has had major heart problems and desires to retire.
Ad #85449
Seller Reference #COLUMSC001-N1073
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Contact This Seller
Bill York
(803) 779-2919
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