Well Established Pawn/Gun Shop in Texas.

This gun/pawn/gold/jewelry shop is a cash cow. With this investment you could get almost 1,000,000 back in the first 2 years. There is about 2.5 million in inventory. You could actually own it for 2 years and still have 2.5 million in inventory, The majority of the inventory is in guns and gold and silver. The financials and assets make this a great buying opportunity for the lucky buyer. Location: Amarillo, Texas Year Established: 2010 Number of Employees: 10 Real Estate: Leased Rent: $6,300.00 Per Month Lease Expiration: 2/1/2025 Facilities: There are 2 locations of Damron's. Hillside has the guns and pawns while Paramount focuses on the Pawn and online business. Website: Damronsonline.com Market Outlook/ Competition: There is EZ Pawn, Cash America, Irwins Pawn, and a few other competitors. Damron's has a really strong niche in the market. Growth & Expansion: Guns could be sold at Paramount as well. When there were guns at the location the earning at the location was higher.