- Listing ID: 909376
- (Seller ref: ABB005-185)
High Return Central Illinois Pawn Business For Sale
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Summary
- Asking price:
- $199,000 (Furniture / Fixtures included)
- Sales revenue:
- Available on request
- Cash flow:
- Available on request
Business description
This recession proof business is located in a town of 150,000. The 2000 sq. ft. building is included. Why would you put your money in the bank and earn less than 1%. Illinois law allows a pawn shop to charge 20% a month, which is 240% a year. The customer leaves a valuable item, you give them some cash, and they pay you monthly until they pay the loan off to get the pawned item back. This pawn shop has over $150,000 a year in sales and over 100 people every month paying on pawns. This place is open five days a week so it is very easy to run. The owner has had it over 10 years. There is a ton of gold coming in right now which makes this a hot business. This shop sells jewelry, tools, musical instruments, and much more.
Down Payment: $199,000
Sellers Discretionary Earnings: $1
Property information
- Real Estate:
- Real Property Included
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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