Long Established Pawnbrokers Northamptonshire

For sale £55,000 - General Retail

Long Established Pawnbrokers Northamptonshire

Retirement sale: City Business Brokers are pleased to be able to offer this long established business for sale, a Pawnbroker, registered with The National Pawnbrokers Association and licensed by the FCA. The business has operated in the same location for more than 20 years, it has an excellent reputation and offers the usual Pawns, Buybacks, Laybys and straight buys of a range of technology, IT and jewellery items.

Turning over ca £ 3 K per week and generating in the region of £40 K pa net profit for the current owner, this is a significant opportunity to generate revenue.

The business operates out of secure premises just off the high street, with a secure customer area with display cabinets and reception area, to the rear is a secure storage area with separate office space. The current owner also owns the freehold to the premises and is open to a new 10 year lease with rent at £8,400 pa or offers for the freehold.

The business trades 5 days a week with the assistance of a full time assistant and with the current owner working part time in the business.

Full accounts are available on viewing together with details of the current stock and pawn book

The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.

A full profile is available once a confidentiality & non-disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, davidh@citybusinessbrokers.co.uk

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.


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