Mergers & Acquisitions: How to Get the Best Deal
Know your buyer better than you know yourself. Pawn business sellers typically engage in one of two scenarios. In one scenario, the seller calls a potential buyer and asks the…
Does Your Business Broker Know the Pawn Industry Inside and Out?
In the nuanced world of pawn shop operations, selecting the right business broker who not only understands your unique challenges but also specializes in your industry can be the difference…
Need Help Selling Your Pawn Shop? Watch Out for Pawn Shop Sale Consultants Who Don’t Put You First
A large number of companies that claim to help independent pawn shop owners sell their businesses also offer services to buyers. If you’re a pawn shop owner, on the surface, this…
Three People You Need at Closing
Every pawn shop owner has an idea of the dollar value of his or her business, but without the assistance of objective third parties, it is practically impossible to know…
One Deal You Should Never Broker Alone
In the pawn industry, many believe that in order to be successful, you have to have an innate sense of the value of things. Pawn shop owners who’ve had to…
Why You Need to “Authenticate” the Value of Your Pawn Business
If a customer were to walk into your shop claiming to have a baseball signed by Joe DiMaggio, you wouldn’t think of giving him or her a loan without first…
See Your Pawn Business From the Buyer’s Point of View
You can never really know whether or not you’re ready to sell your independent pawn business unless you know how much your business is worth—from the buyer’s point of view….
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…
Marketing a Pawn Shop to Multiple Buyers
Selling your pawn shop business is a significant milestone, and it requires strategic effort to attract the right buyers. One of the most critical aspects of this process is marketing…