Neon Sign Series "pawn shop buy-sell-loan"

Pawn Broker – Same Owners For 30+ Years

Retail
| Owner Operator
| Perth Metro
GMO Ref# 6953

PRICE

$585,000

NET PROFIT

TBA

Gary Murphy

Contact Gary Murphy for more information on this business opportunity
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+61 418 918 780
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This independent pawn broking shop is well-organized and consistently profitable. Its location, well-trained staff and repeat client base contribute to its success and prospects for growth.

Key Points:

  • Unique business that’s been under the same ownership for over 30 years so its time to retire – full training provided
  • Long secure lease offered
  • Beautiful contemporary premises
  • Competent assistant manager in place
  • Room to expand and grow
  • Consistent profits in excess of $300,000 per annum
  • Priced at $585,000 inclusive of approx $200,000 in stock

For all enquiries please contact Gary Murphy:

gmurphy@buyabusiness.com.au / 0418 918 780

Enquire Now

Gary Murphy

View My Other Listings

Principal | Mergers & Acquisitions

Gary Murphy is one of Australia’s most experienced business agents and has been selling Perth’s best businesses for over 38 years. Gary began his career in business broking in 1985 with Charthill, a boutique financial planning and business agency in Western Australia. In 1988 Gary and three partners formed Joseph Charles Learmonth Duffy, with Gary as managing partner. JCLD morphed into Goodwin, Mitchell and O’Hehir in 1991 and has gone on to become the largest business broking agency in Perth. Having sold over 700 businesses, Gary has an expert knowledge of the process and more importantly understands the expectations of both sellers and buyers whether they be corporate or private. With recent sales as diverse as Griffin Marine, Karratha Machinery Hire, Advanced Autoquip, Fremantle’s premier nightclub, Barchetta, an iconic beach front café; and Newman Tyre and Battery Service, a Pilbara business servicing the mining industry, Gary’s experience can benefit all owners of quality private businesses.

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Whether you dream of buying a business, want to sell your Perth or WA business, or want to know the value of your company – GMO’s business brokers and valuers are here to assist you. We have won the City of Perth Award for Business Excellence and our Managing Director has been elected as a fellow of the Australian Institute of Business Brokers. Whether you are a buyer or a seller, GMO can introduce you to the right person.

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CONFIDENTIALITY DISCLOSURE AGREEMENT

  • The disclosers are willing to disclose such information to the recipient subject to their acceptance of the following conditions:
    1. The recipient shall treat all information received from the discloser as confidential and shall ensure that all such information remains confidential and shall not use any such information in any way other than for the specific purpose aforesaid. The recipient acknowledges that all conditions subsequent in this disclosure apply to the recipient and any associates of the recipient be they partners, co‐directors, trustees, holders of shares or officersin entity(s) the recipient has interest in.
    2. The obligations of paragraph 1 shall not extend to any such information which is in the public domain, or which hereafter becomes part of the public domain otherwise than as a result of any unauthorised activity or omission of the recipient, or which is already in the possession of the recipient and was not derived from the disclosers.
    3. The recipient shall return all such information received other than that which is submitted orally at the termination of such negotiations entered into as a result of this agreement.
    4. The obligations set forth in paragraph 1, 2 and 3 shall terminate 12 months from the date of this agreement or upon the disclosers and the recipients entering into an agreement whichever event occursfirst.
    5. The recipient shall obtain no rights of any kind to such information other than for the specific purpose stated in this agreement.
    6. The receiving party will not utilise any material made available to improve, construct or change another business, in such a way as to allow that business to compete with the business being discussed.
    7. The recipient understands that the information has been compiled by GMO from details provided by the Vendor. Prospective purchasers should be aware that it is not intended that any projections or this information be treated as a representation, warranty or promise by GMO or its representatives, as to the correctness of the information, or that all relevant information is contained in the information provided.
    8. The recipient acknowledges that they will not act on information provided without first seeking independent financial and legal advice.
    9. The recipient hereby agrees to declare any beneficial interest in any business that could currently be interpreted as being in competition with the subject business.
    10. The recipient agrees to return all documents supplied within 50 days of receipt (and any copies) should they decide not to proceed. The recipient further agrees to destroy any electronic information supplied by the Seller or GMO and to instruct their professional advisors to also destroy any information passed on by the Seller, the recipient or from GMO.
    11. The recipient acknowledges they are precluded from physically visiting the premises of the business or talking to any client, supplier or employee of the business without the permission of the discloser.
    The recipient/s hereby accepts the above conditions as binding on them in respect of the information referred to.
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