*Prime Business Opportunity: Pawn Broker / Retail / Cash Loan Business*
*Overview:*
Established in 1992, this multi-faceted business has accumulated 24 years of goodwill and success in its operating history. With well-documented books and reports spanning 15 years, this turnkey operation is primed for investment. A recent valuation by ValueRight has priced the business at R2,700,000, highlighting its potential for growth and profitability.
*Business Model:*
The business operates as a pawnbroker, retail store, and cash loan provider, offering diverse revenue streams to capitalize on varying market demands. Its proven track record and stable financials make it an attractive investment opportunity for those seeking a low-input, high-output business model.
*Financial Highlights:*
-
*Markup:* Typically maintaining a 100% markup on its products and services, ensuring healthy profit margins.
- *Gross Profit:* Achieving a commendable 50% gross profit margin, translating to efficient cost management and pricing strategies.
- *Net Profit:* With a net profit margin of 30%, the business demonstrates strong financial performance and sustainable profitability.
*Financial Snapshot:*
- *Monthly Turnover:* Generating a steady turnover of R326,688, indicative of consistent business activity and customer engagement.
- *Monthly Gross Profit:* Earning a gross profit of R168,162 per month, showcasing effective revenue generation and operational efficiency.
- *Operating Expenses:* Operating costs are well-controlled at approximately R38,000 per month, ensuring a healthy bottom line and sustainable cash flow.
*Investment Potential:*
With a proven business model, established market presence, and solid financial performance, this business presents an attractive investment opportunity for individuals or entities looking to enter or expand in the pawnbroking, retail, or cash loan sector. The combination of low risk and high potential returns makes it a compelling option for investors seeking stable and lucrative ventures.
*Note:* It is advisable to conduct further due diligence and seek professional advice before making any investment decisions.
The business is located in a prime corner spot in the bustling area of Pretoria West. Positioned strategically, it enjoys high visibility and foot traffic, offering great potential for success.
The financial statements of the business are meticulously organized and maintained, reflecting the company's financial health and performance. This ensures transparency and reliability for potential buyers who are genuinely interested in acquiring the business.
Serious buyers are welcomed to explore this opportunity and delve into the details of the business's financial records to make informed decisions about their investment.
Read more...
Show Contact Number
