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Pawnbrokers In South East Kent For Sale

Kent, UK
Asking Price:
£75,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Price reduction available for immediate sale.

Well-established Pawn Broker in the area, operating since 2019.

We buy or loan cash on gold, jewellery, diamonds, phones, laptops, tablets, consoles and power tools with a similar business model to Cash Converters.

The premises have another £100,000 in fixtures and fittings both internally and externally.

This includes but is not limited to:

- A Grade 3 Alarm System
- Wall-fitted vibration detectors
- 3x safes (two of which are Eurograde 1)
- A remote monitoring camera system with 14 cameras.
- Fully fitted office with 2x wall-hung televisions, desk phone and computer.
- A secure storage room for pledge and valuable stock
- Galvanised Roller Shutters
- Wi-fi system with extenders for full coverage.

The sale price also includes a pledge of approximately £10,000 (buybacks, FCA and contracts).

To set up, obtain permissions for and open this type of business would cost in excess of £100,000, after which it can take years to build a customer base and trust.

This business has been open for four years now and is part of another shop that has been running since 2016 with a 5-star rating on Google. The shop Facebook page is located at https://www.facebook.com/p/Pawn-it-Pawnbrokers-Ramsgate-100063804737997/.

It would not be an exaggeration to say this is a great opportunity to get a head start while also avoiding the heavy initial costs.

I would advise checking out this franchise and how much they estimate to get started as a Pawn Broker so you can see this is not being exaggerated.

There is a genuine reason for the sale so please contact me for more information.

Property Information

Property:

Leasehold

Lease Terms:

10 year lease

Leasehold Rent:

£18,500 per annum

Premises Details:

Good, prominent location on a pedestrian high street. Comes with essentials such as two grade 1 safes for item storage, secure storage room, grade 3 alarm system and remote operated shutters with bullet locks.

Business Operation

Reasons for selling:

Owner has emigrated

Trading hours:

9:30 - 17:00

Years established:
4

Other Information

Website:
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