The pawn industry has seen major shifts in the market in recent years. Gold prices have reached record highs, the value of publicly-traded pawn companies has increased, and the demand for independently-owned pawn shops has risen substantially. As a result, pawn shop owners have been presented with a unique opportunity to sell their businesses at optimal prices.
Are you an independent pawn shop owner? The time to get the most out of your investment in your business is now. By selling your pawn shop today, you could very well achieve significant gains that may not be achievable down the road.
Unfortunately, the fact that the current market is a seller’s market doesn’t make selling pawn shops easy. The publicly-traded pawn companies are making concerted efforts to not only buy independent pawn shops quickly, but to gain as many advantages as they can during the buying process. Why? They want to make their investments as worthwhile as possible. And as the powerhouses of the pawn industry, they are using all of the resources at their disposal to do it.
Having adequate representation and a solid pawn shop exit strategy for a pawn shop that is in high demand is of the utmost importance. Since 2009, we have helped pawn shop owners close 30 transactions comprised of 122 pawn shops for a combined total of more than $205M. Using a proprietary, five-step pawn shop selling solution, we oversee every phase of the selling process. This makes it possible for pawn brokers to focus less on the burdens normally associated with selling and more on everyday operations and planning for the future.
You’ve worked hard to build your business. Put the sale of your pawn shops—and your future—in the right hands by working with a firm that has a proven track record of providing exceptional exit strategy consulting services. Start today with a free business evaluation, courtesy of Stallcup Group.
We’re on your side.