Pawnbrokers Cheque Cashers and Jewelers For Sale

Franchise terms

The franchisor currently operates this store as a direct branch. Franchise terms are therefore flexible.

Business description

A fantastic opportunity to aquire an established successful Pawnbroker, Cheque Casher and Jewelley shop in Leicestershire.

Property information

Property:

Leasehold

Lease terms:

The property is held on an internal repair and insure lease expiring in Feb 2012 at a rental of £7,800 per annum.

Location:

The business is located on one of Melton’s main town centre shopping streets approx 500 meters from the Market Square.

Other information

Expansion potential:

The business has concentrated on Cheque cashing and Pawnbroking until very recently. All the figures are only based on these activities. However Jewelry retail has recently been added and is proving to be very successful.

Competition / Market:

The business was the first Pawnbrokers and Cheque Casher to be established in Melton and there is no competition. Experience at our other branches confirms that even if a competitor moved into the town there would be little or no loss of customers.

Support & training:

Full support and training will be offered together with a simple yet sophisticated computer system and complete procedure manuals. This is a very easy to operate business requiring only one person to fully run it.

Reasons for selling:

The owners have developed three shops to prove and develop a franchise model. This has now been achieved and the stores are being sold as the first franchises. Therefore a prospective buyer has all the advantages of being a franchisee with none of the set up risks. A unique opportunity.

Trading hours:

Mon-Fri 10-6 Sat 9-2

Financing available:

The asking price includes all fixtures and fittings. We would consider a phased payment of the asking price if necessary.

Website:

cashbrokers.co.uk

Contact the seller