$800,000
Pawn Kings
Listing Type: Business Opportunity
Category: Retail
Status: Available
CBA ID#: 678559
14032 Aurora Ave N
Seattle, WA 98133View Map
Commercial Property

Marketing Description:

Take advantage of this tremendous opportunity to build this lucrative Pawn business up from it's current $400,000.00 in sales. With $200,000.00 in inventory and a Pawn Balance of $170,000.00 you'll be in position to grow this business even more. This is a great family style business, take advantage of the existing set up renting out U-Haul's as well, this is generating $12K in annual sales as well. Plenty of room to expand, remodel and improve the marketing and merchandising. With interest revenue around $120K per year and scrap gold generating another $120K per year, your cash flow will be very strong to loan more and generate even more than the existing $250K a year in profits. Possible Owner Financing for qualified buyer

Listing Agent Remarks:
Take advantage of this tremendous opportunity to build this lucrative Pawn business up from it's current $400,000.00 in sales. With $200,000.00 in inventory and a Pawn Balance of $170,000.00 you'll be in position to grow this business even more. This is a great family style business, take advantage of the existing set up renting out U-Haul's as well, this is generating $12K in annual sales as well. Plenty of room to expand, remodel and improve the marketing and merchandising. With interest revenue around $120K per year and scrap gold generating another $120K per year, your cash flow will be very strong to loan more and generate even more than the existing $250K a year in profits. Possible owner financing for qualified buyer

Use Discretion: No

Showing Instructions: Call for details

Included in Price:

  • Real Property: No
  • Inventory Included: Yes
  • Inventory Value: 200000
  • Fixtures/Equipment: Yes
  • Fixtures/Equipment Details: 35000
  • Phone System: No
  • Trade Name: No
  • Excluded Items: No

Financials:

  • Operating Income: $400,000
  • Operating Expense: $150,000
  • Net Profit: $250,000
  • Monthly Rent: 6100
  • Docs With Offer: Yes
  • YTD Statement: Unknown

Seller Terms:

  • Seller Terms: No
  • All Cash: No

Property Features:

  • Catagory: Retail
  • Parking: 6 Spaces
  • Leaseable SqFt: 3600
  • Includes Living Space: No

Business Features:

  • Ownership Type: Corporation
  • Hours: Monday-Saturday
  • Days Open: 6
  • FT Employees: 2
  • PT Employees: 2
  • Year Established: 4
  • Why Selling: Relocating to another state

Licenses:

  • Beer/Wine: No
  • Gambling: No
  • Professional: Yes
  • Class H: No
This Listing Supplied Courtesy of Windermere Real Estate Co.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity