St. Louis business brokers specializing in the buying and selling of established businesses. Also serving Springfield, Kansas CIty and Columbia.
314-548-2153

pbbid174

PBBID: 174

Business Description: Pawn Shop with same owner for 27 years. The Real Estate is included in the price.

Categories: Retail, Real Estate

Broker Summary: A complete pawn shop which buys and sells guns, gold, watches, jewelry, tools, electronics, and more. Located on a very main road with outstanding visibility. This store has been operating as a pawnshop for 27 years in the same location. Asking price of $269,900 includes the Real Estate and twenty seven years of customer goodwill, invaluable pawn license which is all but impossible to obtain, $20K on the street. Current owner is “relocating due to family” and wants to move. New ownership can greatly increase sales and profits by putting more money on the street, and a more aggressive advertising campaign, with a website.

For more information, call 314-548-2153 or info@premierbb.com.

SALES201520142013
GROSS SALES$69,007$71,808$85,724
SELLER DISCRETIONARY EARNINGS$40,565$34,528$37,067

Location: Jefferson County

Owners Hours: 38-1/2

Employees: 1 Full Time - Owner

Square Footage: 2450ft

Real Estate: $155,000 Included

FF&E: $3,920

Asking Price: $269,900