Established Pawn Shop with Multiple Revenue Streams
$490,000
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
A long-standing pawn and jewelry business, operating successfully for over 31 years. This turnkey operation comes with all necessary city and state licenses, allowing for immediate operation. It boasts a loyal customer base and multiple revenue streams from pawn lending, retail sales, and custom jewelry services. A rare opportunity to own a fully licensed business in a high-traffic area. Discover if this established local favorite is your next venture.
What's included
multiple licenses, including the City of Hialeah Pawn/Retail license and the State of Florida “PN” Pawnbroker registration, as well as jewelry repair and manufacturing permits
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$490,000
- Annual Revenue$145,000
- 3.4×
- Price to revenue
- Annual Profit
- $157,000
Details
- 1995
- Established · 31 yrs
- 3
- Employees
- Stock / Entity Sale
- Sale Type
- Pawn Shop
- Business type
- No physical location
- Premises
Financing & transition
- Seller financing
- No
- Training after the sale
- No
Where it is · Hialeah, Florida
Somewhere in Hialeah, Florida. The exact address is not on this listing.
Ad#:6902
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