17925 Hwy 99 Lynnwood, WA 98037-3668
This exceptional business opportunity presents the chance to acquire a well-established pawn shop in Lynnwood, Washington. Located at 17925 Highway 99 Unit 101, this thriving business occupies a 1,900 square foot leased space, offering ample display, office, and secure storage areas. The current lease allows for potential expansion up to 3,800 square feet, providing significant room for growth. The business boasts a prime location with excellent parking, ensuring high visibility and accessibility for customers. The seller, who has successfully operated the pawn shop for over 20 years, is semi-retired and offers two weeks of free training to the new owner. The sale includes a substantial inventory valued at $50,000, encompassing a diverse range of items such as jewelry, electronics, and tools. Furthermore, the sale price includes $20,000 worth of furniture, fixtures, and equipment (FF&E), and $10,000 in leasehold improvements. Currently operating Monday through Friday from 10:00 AM to 5:00 PM, the pawn shop benefits from limited competition in the area. Opportunities for expansion include offering loans, increasing inventory, implementing e-commerce strategies, and extending business hours. This turnkey operation is priced at $100,000 and represents a compelling investment for aspiring business owners seeking a profitable and established enterprise.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
L6 · Lynnwood, WALynnwood. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.