How to Prepare for the Sale of Your Pawn Business Before Calling a Buyer
What exactly are the nuts and bolts required for pricing your pawn business? They’re in the pro forma you’re about to create. What’s a pro forma? According to Forbes, “Pro…
Translating Your Analyses into an Accurate Valuation
Nail down the right sale price for your pawn business. In my last two articles, Mergers and Acquisitions: How to Get the Best Deal, and, How to Prepare for the Sale…
Does Your Business Broker Know the Pawn Industry Inside and Out?
Last week, in our blog post, “Need Help Selling Your Pawn Shop? Watch Out for Pawn Shop Sale Consultants Who Don’t Put You First,” we discussed the importance of working…
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…
The Power of C.A.R.E. Closing
Most brokerage firms are in the business of representing themselves, no matter the cost or disappointment to the client. That is not Stallcup Group’s ideology. Our work history started in…
Am I ready to sell my pawn shop?
As an experienced pawn shop owner, you understand the effort and research both sides take into a sales transaction to get the best price possible. You may be ready to…
Fewer Surprises and More Money
“One thing I’ve learned after 21 years, you never know what is gonna come through that door.” That’s what pawn shop owner Rick Harrison says at the opening of each…
Hire the Broker that Speaks Your Language
There are plenty of business brokers out there, but if you’re operating in a niche market such as the pawn industry, hiring a broker that doesn’t have experience in selling…
What Are Your Pawn Shop’s Intangible Assets?
When pawn shop owners are ready to sell, it is often the intangible assets that are the most difficult to uncover and relay to potential buyers. Some of your shop’s…
If Not an Eye for an Eye, How About One for 100 Bucks?
According to Tyrone Jackson, a long-time assistant at Chouteau Pawn in Kansas City, a customer walked in, popped out his glass eye, and asked to make a deal. Like so…