Pawn and Gun Shop - Eastside of Atlanta

Atlanta, GA

Seller Financing Available

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Asking Price:$190,000
Gross Revenue:$357,658
Rent:$8,751/Month
Established Year:1978
Cash Flow:$66,779
Inventory:$40,000
FF&E:$25,000
BUSINESS DESCRIPTION

Well Established and Ready to Grow

This is a great opportunity for someone looking to own their own turnkey business. The current staff is experienced and knowledgeable, but it is expected that the new owner will fill one of the full-time roles. The business provides pawn services, loans and sells new and pre-owned firearms. Large 8,000sf retail location with traffic count over 23,000 per day. Well-established and ready for an owner operator. For additional information please contact Joe Moon at (706) 201-6544 or joe.moon@fcbb.com


DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Included in asking price
Real Estate
Leased
Building SF
8,000
Lease Expiration
01/03/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 8,000 square feet with a Total monthly rent of $8,751. Lease ends 03/2025 with one (1), five (5) year option. Hours of operation are 10am - 5pm Mon – Fri & 11am - 4pm on Saturday with 1 PT and 2 FT employees. $40,000 in inventory and $25,000 in FF&E included in the asking price. $10,000 made in leasehold improvements. Federal Firearms License and Pawn License required.
Financing
With a down payment of $152,000, seller will finance a portion of the sale to a quali
Support & Training
Two (2) weeks by owner designee
Reason for Selling
Seller lives out-of-state and wants something closer.
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Joe Moon