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Strategically Located Pawn Shop In Florida For Sale

Florida, US
Asking Price:
$3,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Undisclosed
Cash Flow:
$480,000

HS Listing ID: 64386

Located in shopping plaza in a very busy area.

South Florida.

Rent: 4000/month all inclusive (CAM, taxes, etc) 3% annual increase

Owner will stay on as consultant if needed

Looking for $1.5M as a down payment to carry the remaining balance.

Charges 10% interest on loans (Terms subject to review)

Florida can charge up to 21% (value add)

Interest earned per month: 30-40K (net)

License Number Florida- BK3512686

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$48,000 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.