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BUSINESS FOR SALE - PROFILE #  BBF-418100124

Financial Related|Pawn Shop
Treasure Coast

Asking Price: $129,000   Down Payment: $129,000  
Gross Revenue: $115,741   Adj. Cash Flow*: $50,000  
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Executive Summary
Listed officially at $195k but seller says bring lower offers > $120k. Well established and busy pawn shop/jewelry store business with a history of repeat customers. ONLY pawn shop in the vicinity. Located in busy shopping center with good traffic counts. Receives new inventory daily. Large inventory of guns, jewelry, musical equipment, TV's, generators, tools. Financing/Loan to customers. Average street loans at any time: $20k+. "Owner to prove" cash flow and all other listed details. Seller says tax returns do not reflect profitability and appx. owner earnings (for owner-operator) is ~$45k + yr. currently but with better management $75k very likely. Seller says bring all offers! Additional inventory is appx. average, not included in purchase price - negotiable.

Acquisition Highlights

  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2015 Inventory: $5,000 Included
Employees: 1 FT, 1 PT , 1 Mgrs Furniture, Fixtures & Equipment: $19,000 Included
Lease/Rent: $2,800 Real Estate:
Building Sq Ft: 2800 Other: $145,000
    Total Assets Included in Sale: $26,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Jeffrey J Manera
Phone: 
Other:  (561) 351-5599
E-mail:  tcbusinessbrokers@gmail.com
TC Business Brokers
614 Greenwood Village Blvd #C
West Melbourne, FL 32904
www.tcbusinessbrokers.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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