Financial Related Pawn Shop For Sale

Business description

You'll look long and hard before you come across a 20+ year old established pawn shop in the home of the University of Georgia. This business has a solid foundation with repeat customers and a great reputation in the community. Currently of the loans outstanding approximately 60% is jewelry and the balance is electronics and other items. Because the current owner is moving out of state and doesn't want to further obligate themselves they send their competition 3-6 title pawn customers every week and that's obviously without advertising title pawn. These are walk-ins. Another opportunity is to renew the firearms dealer license. Literally every day 3-5 customers come in wanting to pawn or buy a firearm. Getting a firearm license is relatively simple but it takes 90-120 days. The seller didn't renew their firearms license so that the new owner could start fresh with the inventory that they wanted.

An opportunity for such a low buy-in for an established pawn business in a thriving town like Athens comes along rarely. The seller is motivated. Their family has moved ahead. They're waiting to sell the business and their home.

Other information

Support & training:

2

Trading hours:

Monday-Friday 8:00 AM - 5:00 PM Saturday 8:00 - 2:00 PM

Inventory / Stock value:

$5,000 (included in the asking price)