NYC Pawnshop with $250K Cash Flow - $195K - Established Since 2004
Executive Overview
Key Investment Highlights
- •Prime New York City location with strong foot traffic
- •Asking Price: $195,000
- •Consistent Cash Flow: $250,000 annually
- •Established in 2004 with a proven operational model
- •Lean operation with only 2 experienced employees
This well-established pawnshop specializes in the purchase and lending against gold, silver, diamonds, antiques, and other valuable items. The business has built a stellar reputation over two decades, evidenced by its outstanding Google reviews and loyal customer base. The current owner is selling due to relocation, presenting a unique opportunity for a new operator to benefit from the shop’s solid foundation and local brand recognition.
Included in the sale are all essential appraisal and purchasing tools, as well as an extensive and valuable client list. The business model allows for high-margin transactions, where a single deal can yield significant revenue. With New York City’s vibrant market and ongoing demand for collateral loans and jewelry purchases, there is ample potential for continued growth and expansion. This is an ideal acquisition for an entrepreneur seeking a profitable, turnkey operation in a prime urban setting.