Well-known 33-year-old PAWN SHOP

Miami-Dade County, FL
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Asking Price:$228,000
Gross Revenue:$179,645
Rent:$5,400
Established Year:1990
Cash Flow:$110,216
Inventory:$450,000
FF&E:$40,000
BUSINESS DESCRIPTION

Well-known, established 33-year-old PAWN SHOP located in a busy strip mall in Miami. This is a rare opportunity to own a business in a high-traffic area, with listings like this seldom coming on the market. The pawn shop has a solid track record, averaging $90,000 in pawn holdings every month, demonstrating its consistent earning potential. The sale includes a comprehensive inventory of equipment essential for the operation of a pawn shop. This includes two high-security safes (1 Tann safe and 1 Fichet-Bauche wide 2-door safe), a computer and monitor for business management, various display boxes, a refrigerator, a polishing machine, a steam cleaning machine, a camera recording system with 16 cameras, and two ultrasound jewelry cleaners.
Additionally, the current Owner is committed to ensuring a smooth transition by offering two weeks of training at no cost. This business is priced to sell, presenting an excellent opportunity for anyone looking to enter or expand in the pawn industry.


DETAILED INFORMATION
Location
Miami-Dade County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
10,000
Lease Expiration
01/01/2027
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Strip Mall
Support & Training
Weeks Training: 2 Cost: $0
Reason for Selling
Retiring
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Mitchell
Weinberger
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Mitchell Weinberger