4 Location Pawn Shop Business in North Central Indiana
Price: $1,095,000
Location: Lafayette, IN
Industry: Miscellaneous Store Retailers
Listing ID: IEB-105-66
Pawn Shop locations were started over 30 years ago and the business has had continued growth since it was founded. In recent years, the elderly owners have been less involved and the business has not operated at its potentil. Pawn Shop offers secured loans to individuals, who provide jewelry, electronics, items of value, and a firearms as collateral.
Pawn Shop has a knowledgeable staff that ranges between 10-12 employees. These employees report to the pawn shop's General Manager. Many of the employees have been with the business for many years. All are open to remaining, post-closing.
Inventory Total $800,00:
Pawn Loans: $225,000
One of the four locations is available for sale. The remaining three locations are leased.
Cash Flow: N/A
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