Financial and Pre-owned Jewelry Outlet with Motivated Seller

Dauphin County, PA

Seller Financing Available
Financial and Pre-owned Jewelry Outlet with Motivated Seller
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Asking Price: $120,000

Cash Flow: $75,000

Gross Revenue: $381,000

EBITDA: $75,000

FF&E: $25,000

Inventory: $80,000*

Rent: $1,700 /Month

Established: 2011

*not included in asking price.

Financial and Pre-owned Jewelry Outlet with Motivated Seller

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Business Description

Motivated Seller-Finance and Pre-owned Jewelry Company for Sale

This excellent opportunity is an owner operated financial and used jewelry outlet. The building was built brand new in 2011 specifically for this type of business and services provided. This business does cash for gold, check cashing, money orders, gift cards, and pre-owned jewelry sales. This business is currently not a Pawn Shop but it would not be difficult to get the license to become a pawn shop. This business is located near the Hollywood Casino which brings in customers looking to sell some items for cash.

Inventory can be sold with or without the business. The owner is willing to sell it for smelt value to a buyer. He recommends buying some of the cheaper jewelry just to make it look like you sell pre-owned jewelry as you buy up new inventory.

Detailed Information

Location:
Dauphin County, PA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Completely renovated building that was built for its current use.
Competition:
Other cash for gold businesses in the county. This is the closest to the casino.
Growth & Expansion:
This business isn't operating at its maximum capacity. Growth can be obtained by expanding jewelry sales online, turning into a pawn shop, and cashing commercial checks.
Support & Training:
Owner is willing to stay and train a new owner for as long as necessary. He'd even be willing to help out a year or more down the road if needed.
Reason for Selling:
Other opportunities
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Gunner Holtz

Business Listed By:
Gunner Holtz

Exit Strategy Solutions, LLC

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Sponsoring Broker:
Jason Hubler

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