For Sale
Wapiti Pawn Shop
4928 - 51st Avenue
High Prairie, Alberta

$300,000

ASKING PRICE REDUCED!

Value in This Business Opportunity
Wholesale Value of Inventory $100,000
Fair Market Value of Equipment (currently generating 30% interest) $250,000
Leasehold Improvements

$50,000

Value of Business based on Normalized Net Earnings $378,000
Value of 5,500 ft˛ Building included with the sale (increasing)

$225,000

Value of Revenue Suite at rear of building $20,000
Volume of Clients - 2,000 in Database
Total Value $1,023,000
Asking Price

$300,000

Location Details:
  • 230 miles northwest of Edmonton
  • 150 miles west of Grande Prairie
  • 100 miles south east of Peace River

What is Included:

  • complete turn key operation (start making money right away)
  • all stock
  • land and building
  • all existing pawns
  • all equipment
  • phone numbers

Inventory at Cost:

  • $350,000

Building / Construction:

  • built-up metal roof
  • vinyl siding (new)
  • concrete basement

Layout:

  • in main door
  • all open except bathroom and small guitar room witch leads to basement
  • one main partition wall up stairs
  • the remainder is shelving, storage, bathroom and office
  • hallway leads out back door

Special Features:

  • we are a relatively young business going into our fourth year
  • would not even consider selling (except for an illness in family)

Land / Taxes:

  • lot is approximately 60' x 150'
  • taxes are approximately $1,700 per year

ABOUT THE COMMUNITY:

  • CLICK HERE to view an interactive map.  (once map is open click on it to zoom in and out)

  • Please visit www.highprairie.ca for information about the community.

For more information
please contact:

Vern Cook
Box 3397, High Prairie AB T0G-1E0
(780) 523-5859

8 vcpawn@hotmail.com  



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This Page Last Revised
 November 15, 2010

Email: Eric Jordan
Email Larry Davison

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