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Thriving Pawn Business with Prime Real Estate on Main St Corridor

Colorado, USA
Updated 7 days ago
Established 1975

Discover a 45-year-old pawn shop in Colorado, offering a welcoming, stereotype-breaking environment for pawning, buying, and selling great merchandise. Centrally located in a 10,000 sq ft retail space with onsite living accommodations, this business boasts a diverse inventory including jewelry, firearms, musical instruments, tools, coins, laptops, and plenty more items. Key highlights: • Strong financials: $1M+ average annual revenue (2021-2024), 48% gross margins on sales. Pawn loans generate reliable interest income with a 60% redemption rate. • Loyal customer base: Third-generation patrons praise fair pricing, knowledgeable staff, and compliance (e.g., national database uploads ensure <0.1% issues). • Dedicated team: long-term employees specialized in key categories. • Real estate opportunity: Owned building available separately with retail and residential spaces Growth potential: Expand online sales, boost pawn loan balances for steady revenue, add consignment/repairs, or explore new categories like vehicles/electronics. Turnkey with training, non-compete, and no debt—ideal for entrepreneurs seeking a resilient, community-focused venture. Contact us, register with us, sign our NDA and receive our confidential Offering Summary on this extraordinary opportunity!

Inventory

$400,000

Internal Id

76216

Real Estate

$2,690,000

Financing Notes

Business can be bought independently of the Real Estate for $420,000 plus inventory Real Estate is being offered at $2,690,000

Growth & Expansion

- Expand on-line Sales - Introduce Repair and Customization Services - Launch Loyalty Program - Use technology for virtual appraisals - Integrate Buy Now Pay Later Financing

Inventory Included

No

Support & Training

Owner will provide training and support during a mutually agreed upon period.

Facilities & Assets

Centrally located in a 10,000 sq ft retail space with residential living accommodation.

Number Of Employees

2

Real Estate Included

Yes

Reason for Selling

Moving on to other opportunities.

Financials

Asking Price
$3.1M
RevenueMost Recent Year
$680K
EarningsLast Reported
Undisclosed
Assets ValueIncluded in Asking Price
$80K
Seller Financing
Not available

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