In Waukegan, IL:
The Lake County News-Sun reported on August 22, 2013, that the Waukegan City Council voted five to three to approve a fifth pawn shop license after rejecting the proposal five to three just two weeks earlier.
Scott Kaghan, a former Stallcup Group client, requested the license. Apparently, all it took was little more time for his proposal to sink in for enough aldermen to change their tune.
“Kaghan told the council’s judiciary committee last month that his former business was bought by a national chain in 2010, and he signed a non-compete agreement that expired in July. He told the committee that he had “’nothing but great experience with Waukegan,’” and wanted to open a new shop,” reported the Lake County News-Sun.
Having worked with Scott directly, we were happy to hear that his proposal was accepted, especially since we’d helped him achieve the lenient non-compete agreement he needed to apply for a new license so quickly after the sale of his former shop.
Contact us to request a case study on how Stallcup Group helped Scott and his partners complete the sale of their four Chicagoland shops.
In Des Plaines, IL:
According to an article published in the Chicago Tribune on August 9, 2012, a Lake in the Hills resident recently applied to open in pawn shop in Des Plaines, Illinois, which is home to the Rivers Casino. Earlier this month, aldermen turned down the man’s proposal five to two.
Interestingly, there was apparently talk among the aldermen about the popular show, Pawn Stars, and how it has improved the reputation of pawn shops. Apparently, not enough alderman regarded the popularity of the show as a good enough reason to grant the Lake in the Hills resident’s request. Sorry, Pawn Stars!
In all seriousness, it sounds as though the reasons the man’s request was denied had more to do with some aldermen not wanting to change zoning regulations and/or simply not wanting pawn shops in the area at all.
In Elgin, IL:
In another Chicago Tribune article published late June 2012, it was reported that “Elgin officials voted [...] to advance plans for the city’s second pawn shop, despite protests from some residents that the business will increase crime and damage the city’s image.”
It was EZPAWN that had applied for a lease. The four to three vote in favor of leasing space to EZPAWN was based on zoning allowances, the article explained. In order to move forward, the Elgin City Council will also have to vote to issue EZPAWN a license.
Stallcup Group didn’t find any official announcements or reports in the media regarding the license being granted, but there is a job listing on the EZPAWN website inviting people to apply to work at its Elgin location.
To read the Waukegan article, click here.
To read the Des Plaines article, click here.
To read the Elgin article, click here.