Pawnbrokers/Cashconverters for sale in Dalston

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Well Established Pawnbrokers/Cash converter Business For Sale in East London

Dalston, London, England

  • Price: £55,000
  • Annual Turnover: £250,000
  • Annual Net Profit: £55,000
Seller Reference: PAX0206162488
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Business Description
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Seller Reference: PAX0206162488
Request Details
Business Description
We Buy 4 Cash is an established (eight years) and profitable business located in the much sought after bustling area of Dalston, London.


This is a thriving business with an annual turnover of £220,000 PA (with accounts to prove) and growing. The business model is different from any competitors, this in part is due to its flexible approach. Whereas competitors will only purchase certain items within a specified bracket, We Buy 4 Cash buys everything from everyone. This could be something as simple as an Apple MacBook to a Mercedes Benz. The thinking behind this is that everything holds a certain value and we have established the business over the past seven years so our regular clientele know the business model and what we can or can not buy.

The rent is cheap enough and the business turnover and margins for profit have exceeded what was expected annually, this is an amazing opportunity for anyone looking to be self-sufficient making money.

We Buy 4 Cash has also introduced the BUYBACK scheme. This is a system where people trade in their items for 28 days for a cash price, with the option to buy it back with a storage fee on top. In these uncertain times of imminent redundancy for many, this is the type of fast cash service so many are searching out.

The room for growth via the internet and via footfall is tremendous. With a strategic approach to advertising you can be sure to see your new company build and expand on the already laid foundations, not only within this physical retail store, but via online portals and even into multiple physical sites with the right attitude and acumen.

All systems are already in place for buying and selling on multiple platforms, as well as the Buyback scheme.

The Current rent is £11,999 per annum with zero rates. The landlord is non-intrusive and merely requests that rent be paid on time. He has agreed a 6 year contract term with the potential to extend if the new tenant is a responsible tenant.

The retail unit itself had an extensive and professional shop fit in 2014 this was to the tune of £30,000, all of the fixtures and fittings will be included in the sale of this impressively laid out shop.

The Unit is laid out over 1 floor, comprising of ground floor including the rear garden space. The retail shop is located on the ground floor with direct access to the street, boasting an impressive shop front and internal space, towards the back of the unit there is a staff storage and office area again this is of a very good size and has been well thought out with security doors. The Garden area has a storage space and toilet area.
This is a fantastic opportunity for someone with foresight of the current financial climate and the means and dedication to make it work for them.

We are placing this business for sale at £55,000 with the additional option to buy a portion of current stock to keep you in the retail game and to start you off. This is an unmissable opportunity.

Genuine reason for sale as the business owners are reluctantly selling due to relocation.
Trading hours:
10-7 Monday to Saturday (currently)
Number of employees:
Support and Training:
No training is included in this price for a quick sale.
Location Details:
Located on the exceptionally busy Kingsland Road in Dalston.
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