A Profitable and Long Established Brand Name Pawn Shop Business For Sale.
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Business Description:
SORRY FOLKS, THIS ONE IS NOW SOLD.
If you would like to sell or buy a business, then please dont hesitate to contact us.
Annual Turnover:
R 1 551 854 (as per 2023 Man Acc)
Operating Net (EBITDA):
+-R689 000 (Feb 2023)
Operating Net Margin:
+-44%
ROI:
+-40%
Assets:
+-R383 000 (Included in the asking price).
Rent per month:
+-R7 500 per month
Vat registered:
Growth Potential:
This business has an already established client base, thus expansion possibilities include the expanding the current client base, opening of additional branches in other areas, improving of the current digital marketing being performed and / or the franchising of the business.
MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT
Business Type
Pawn Shop
Asking Price
R1 300 000
PROVINCE
CITY
Premises:
Leased (Landlord approval of the new owner will be required)
Trading Hours:
Mon to Friday: 08h00 to 17h00 Sat: 08h00 to 12h00 Sun: Closed
Staff Compliment:
4 x employees (2 x Members, 1 x Permanent, 1 x Casual).
Buyer Profile:
This business will suit a husband-and-wife team / family or another similar type of business that is looking to expand their current business footprint or a person / entrepreneur who can negotiate and has some knowledge of the Pawn Business.
Full training and support will be provided by the seller to the new owner.
Reason for selling:
New Business Venture