Prepare for the Unexpected: Develop Your Pawn Business’s Exit Strategy Now
The simple truth is that if you have a solid exit strategy, you’re going to be much more likely to sell your pawn business for a respectable profit than if…
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…
Thinking of Selling Your Pawn Shop? Three Steps You Should Take Right Now
Selling your pawn shop business is a big decision, and if you’re at the crossroads of whether to move forward, hesitation is natural. But lingering too long in indecision can…
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….
Key Questions You Need to Answer Before You Try to Sell Your Pawn Shop
Before you reach out to a potential buyer of your stand-alone pawn shop or multi-store pawn business, there are several questions you need to be able to answer. Here are…
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…
Why You Should Obtain a Pawn Shop Business Valuation
Obtaining a business valuation is essential when considering selling your pawn shop business. Not only does it provide a clear picture of your business’s value, but it also helps you…