Pawn Shop

Reference Code 0681

This is a great opportunity to own a well-established Pawn Shop near the Mt. Pleasant/Lansing areas. Established since 1999, this profitable Pawn Shop is located right off the highway, near major shops and other major destinations. The shop accepts items on trade, purchases inventory outright and accepts items as collateral for traditional pawn broker style loans. The shop specializes in Gun Sales, Tools, Jewelry, Garden Equipment, TV’s, Collectables and more. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening additional days, expanding the hours and adding more inventory, you have HUGE potential. Easy to operate with minimal staffing required and lots of potential for growth. Seller will stay on board to train new owner and entertain all reasonable offers!

Business Location Mt Pleasant/Lansing Areas, MI
Gross Sales $391,556 Cash Flow TBD Business Price $99,000 Down Payment $50,000 Monthly Payment $993.54 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales, ATF, Metal Inventory Value $50,000 Employees Full Time 3 Employees Part Time 1 Date Established 1999 Hours of Operation 4 Days / Tue-Fri / 10am-6pm Rent $4,700 Gross Lease Period New Lease Required Reason for Sale Retirement


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