Pawn Central – Townsville

AU$295,000
April 6, 2024

Description

Established in 2020, Pawn Central is a licensed pawnbroker and second-hand dealer located at 1/18 Somer Street, Hyde Park. The business specialises in:

  • Providing instant cash loans on anything of value, including jewellery, tools, iPhones and tablets, computers, televisions, gaming consoles, sporting good
  • Loans against vehicles, motorcycles and machinery
  • Appraising, buying and selling quality used goods, including musical instruments, sporting equipment, memorabilia, art and antiques, and electronics
  • Buying all forms of gold and silver (with guaranteed best prices in Townsville) including jewellery, coins, nuggets, bullion, and scrap gold

Alongside its spacious retail showroom, Pawn Central also operates a lucrative eBay store, ensuring a steady stream of revenue from online sales beyond the local market. This established digital footprint will be seamlessly transferred to the buyer, opening doors to a global marketplace.

With streamlined systems in place, Pawn Central can be efficiently managed by a solo owner-operator, a couple, or a family team, with no need for additional staff.

Through years of impeccable service, Pawn Central has cultivated a loyal customer base, with countless repeat clients seeking financial assistance or quality goods, as well as new customers regularly getting loans and/or buying/selling goods

There is ample opportunity to extend trading hours and further increase revenue. The current hours are 5.5 days a week: Monday to Friday from 9am – 5pm and Saturday from 9am – 1pm.

The buyer will be required to hold a Queensland Pawnbroker & Second-hand Dealer’s Licence which is a straight-forward process and takes just 3-6 weeks to complete.

Pawn Central has cemented its reputation as the go-to destination for those in need of instant cash solutions and quality pre-loved items. Don’t miss your chance to own this thriving business with a sterling reputation and boundless potential.

Why You Should Buy Pawn Central

  • Well-established business
  • Ideal central location
  • Earns $150,000 pa for owner-operator
  • Excellent reputation with loyal repeat customer base
  • Large eBay store included in the sale
  • Affordable rent
  • Spacious showroom
  • Easy to operate business
  • Room to expand the operation
  • Ample parking for customers
  • Full training provided
Business Price

Pawn Central is being sold for $295,000 plus stock at valuation (estimated at $50,000).

Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement.

Business Broker
Susan Butler – 0419 905 463
susan@beyond2000.com.au
www.beyond2000.com.au