Pawn Shop Business-Only In Griffin, GA For Sale

Description

Pawn shop for sale in Griffin, Georgia.

The business has been under the current ownership for approximately seven years.

Annual sales are approximately $577,000.

The seller reports net profit of more than $130,000 per year after approximately $60,000 in payroll expense.

Monthly rent is approximately $2,000, and the seller states that a new 10-year lease can be arranged for the buyer.

Business details

• Open 9:00 AM to 7:00 PM
• Closed Sundays
• Inventory included in the asking price
• Traffic count of approximately 24,800 vehicles per day
• Approximately four minutes from a hospital

The seller reports a population of approximately 44,775 within five miles, with more than 770 businesses employing over 11,400 people in the same area.

The asking price is $499,000 for the business, including existing inventory.

The owner is planning to semi-retire.

Any required pawn, lending or related business licenses are subject to applicable state and local transfer or approval requirements.