Asking Price: $350,000

Gross Revenue: $427,391

Gross Revenue Comments: 2007 revenue

Cash Flow: $101,159

Cash Flow Comments: 2007 adjusted net income

Inventory: $150,000 (Included in Asking Price)

FF&E: $25,000 (Included in Asking Price)

Seller Financing: negotiable

This is an excellent, well established pawn shop, in business since 1995 with two locations. They have limited competition in their immediate areas. The business includes $150,000 in good sellable inventory and $100,000 in pawn options. Merchandise on pawn option loans receive 15% per month and unless renewed within 30 days are put out for sale. This business is run absentee by the owner so an owner/operator should be able to substantially increase sales and profits. Pawn shops are very good "recession proof" businesses because when the economy is bad the pawn side of the business increases, and when the economy is good, the sales side of the business improves. It is very rare to see a pawn shop go out of business. Seller financing is negotiable for a qualified buyer.

Year Established: 1995

Employees: 4 full time - 4 part time

Management Training and Support: negotiable

Reason For Selling: retirement