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Highly Profitable Established Pawn Shop For Sale
Location Colorado,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $851000
Net Profit / Cash Flow $221000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1996
Number of Employees 1 - 3
Inventory 537000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Training and employees can stay.
Reason for Sale Relocating / retiring to FL.
Description Come to beautiful SW Colorado and check out this business opportunity - Rocky Mountain Pawn & Gun has been in operation for nearly 20 years with increasing revenues each year. This well-known and highly profitable business is the largest gun retailer in the Four Corners area. The prime location has excellent exposure on the growing north side of Durango at the busy major thoroughfare of 32nd Street and CR 250. This successful Pawn Shop deals only in high-end goods: primarily firearms, jewelry, gold, electronics, and ammo. Tremendous upside with 2010 entry into internet sales arena. Plenty of room for growth if new owner desires to add more retail space, gun repair & training, eBay department, sporting goods, 24 hour operation, you name it. It is smoothly run with a part time owner, 2 full time employees and part time book keeper. The turn-key business includes: .58 acres of prime commercial real estate, county & state gun licenses, 2885 SF retail store with garage/warehouse, all inventory, pawn loans, large parking area, all signage and advertising, web site, client list, plus 1 commercial tenant lease in detached 840 SF building. Owner will stay for several months to train new owner on operations if needed. 2 current employees will stay with the business if new owner desires. Owner keeps meticulous financials which are available to qualified buyer with signed Confidentiality Agreement. For more information or to arrange a showing, contact Katie Sturm, Broker, Keller Williams Realty, 970-799-3975.
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