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Friendly & Reputable Pawnbrokers & Cash Converters In London For Sale

London, UK
Asking Price:
£995,000
Turnover:
£2,374,311
Net Profit:
£395,364

The business for sale is a pawnbrokers and cash converter company that is based across multiple locations in London.

It offers a range of services, such as the exchange of customers’ gold and silver jewellery for cash, as well as pawnbroking for clients to borrow against their gold, jewellery and watches. It also provides a buyback service, in which customers can borrow against their electronic products. The business operates in three high street locations in south London, plus a busy eBay account.

Established in 2007 and a proud family-run enterprise, the business has become very popular at all three locations and is well-known in the surrounding communities for its friendly service, quality products, and great value for money.

The business has a full FCA licence; these are not currently being issued to pawnbrokers, and this status is therefore in high demand.

The buyer could easily franchise the business, should they wish to do so.