Verified Listing
Posted on April 21, 2021 / 81
Price : R790,000
Listing Type : Retail Franchise
Location : Pretoria
Ref. No : 2739
Year Established : 5 years
No. of Employees : 12
Trading Hours : 08:30 - 17:30
Lease Term : March 2025
Turnover : R 691 749 pm
Expenses : R 547 380 pm
Net Profit : R 144 369 pm
Stock Value : R 1 800 000

The business is a well-known franchised pawn shop that deals mainly in new merchandise and second-hand goods, another source of income comes from secured cash loans. The business is highly profitable and “recession proof “.  The location of this business plays an important role of the marketing as it is situated at corner of busy streets of Pretoria and the franchise group is a household name with good reputation that keeps most of their customers coming.

* Peter Millar – LP – Pretoria East