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± 3,021 SF Investment Opportunity Reduced (Brittain’s Pawn Shop) - Availability Details

2706 Hollywood Avenue, Shreveport, LA 71108

  • For Sale $250,000
  • City Shreveport
  • Neighborhood Sunset Acres - Garden Valley - Morningside
  • Zip Code 71108
  • Property Type Retail - Street Retail
  • Property Size 3,021 Sqft
  • Lot Size 0.56 Acre
  • Property Tenancy Single Tenant
  • Year Built 1965
  • Date Updated 29 May, 2021
The property consists of a 3,021 SF free-standing building sitting on a 0.56-acre lot.​ The owner is selling the business and/or real estate and remaining inventory.​ Brittain’s Pawn Shop has been in business for over 60 years; and is a proven and profitable business.​ The property is comprised of +/- 3,021 SF retail space with an office and +/- 2,500 SF of covered and secure storage space used to store collateral items.​ The property is located on an approximate acre on the high traffic corner of Hollywood and Hearne Ave.​ It sits adjacent to Church’s Chicken and across the street from CVS, with Mansfield Rd being one block east.​ Interstate 49 is 1.4 miles east; while Interstate 49, Interstate 220, and Shreveport Regional Airport are all within three miles of the property.
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Contacts

broker

Grant Smith

Sealy Real Estate Services

(318) 698-1116

Highlights

  • Reason for Selling: Retirement
  • Value of Inventory Included: $65,000
  • Value of Furniture, Fixtures, and Equipment ($): $15,000
  • Employee/Labor Description: Currently 4 employees already trained and well versed in the pawn business and willing to work with potential Buyer.
  • Mgmt/Training Support Description: Owner will train new Buyer and facilitate the transfer of existing pawn contracts as well as provide information on FFL licensing and firearm sales.
  • Competition/Market Description: Well-known location adjacent to UPS.
  • Growth/Expansion Opportunities: Lot is large enough to expand. In addition to updating the property, the new owner could easily boost sales with fresh ideas and online sales. Closing the store is optional and the termination of all pawn contracts is possible within 90 days.

Attachments

Contact Listing Broker

broker

Grant Smith

Sealy Real Estate Services

(318) 698-1116

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