Why Sell Your Pawn Business When Business is Good?
Selling a business when it’s thriving may seem counterintuitive, but in reality, it could be one of the smartest moves you can make. As a pawn shop business owner, you…
It’s Prime Selling Time for Multi-Store Pawn Businesses
In the dynamic landscape of the pawn industry, the rapid consolidation driven by major pawn corporations offers a unique opportunity for owners of multi-store pawn businesses. If you are at…
Three Things Pawn Brokers Should Do to Avoid Underselling Their Pawn Businesses
“The most successful exits require considerable planning. The sooner you start, the more rewarding your eventual exit is likely to be. You already may have started planning without even realizing…
How to Sell Your Pawn Shop and Retire Sooner Rather Than Later
There’s nothing wrong with living comfortably while putting money back into your business—unless you aren’t able to save enough money for retirement while you’re doing it. Unfortunately, the majority of…
Marketing Your Pawn Shop to Potential Buyers: It’s All About the Data
Though the market is ripe for independent pawn shop owners to sell their businesses at top dollar, the majority of pawn shop owners are still selling at prices that don’t…
Six Things You Can Do Now to Prepare to Sell Your Pawn Shop
Selling your pawn shop isn’t just about selling a storefront: it’s about making good on all of the hard work you’ve put into your independent pawn business over the years….
What Your Potential Pawn Shop Buyer Really Wants
When a potential buyer considers purchasing your pawn shop business, they have specific concerns and needs that go beyond just looking at the sales and profits. They want to know…
Five Questions Pawn Shop Buyers Want Answered
Pawn shop buyers look at your business as an investment. They want to know not just what your business is worth to you, but what it will be worth once…
Pawn Shop Valuations That Benefit Sellers and Buyers
Most pawn business sellers, like other business sellers, believe that their shops are more valuable than their potentials buyers do. This is why it is so critical for pawn shop…
Arm Yourself with Pawn Shop Business Selling Knowledge
It is now more important than ever for pawn shop owners to arm themselves with selling/closing knowledge. Most pawn shop owners don’t put a lot of thought into selling their…