Over a single 5-year period I've personally helped develop a 27+ store foundation which is now generating $42M+ annually for the ownership groups!

The answer is quite simple. PeoplePawn has launched in excess of 27 single store operations over a given 5 year period. Those stores, currently experience annual revenues in excess of $42M per year...yes...a whopping $1.5M per store on average.

It is important for me to stress that not every owner/operator will experience this level of financial success. Individual store success will be directly proportionate to the following criteria:

1.    Regulatory laws appropriate to your state/city governing loan fees and interest rates
2.    Real estate location
3.    Store size
4.    Brand building
5.    Customer Service
6.    Hiring, training, development and retention of long term employees
7.    Operational effectiveness
8.    Operational efficiency
9.    Long term marketing strategies
10. Financial resources
11. Public Relations
12. Community Initiatives

Building a single store business, like any business is a daily fundamental effort of applying simple hard work and proven strategies. This is not rocket science. New single store operations grow revenues annually, and normally experience maturity by years 5 through 7, after which there is incredible stability. Successful store owners see revenues exceeding $1M by year 3, and should be experiencing net profits in excess of 20% and up through 30% based upon the number of services offered, as well as the city/state interest schedule.
 

Feel free to email or call directly with questions. We love to share our experience and success with those interested. Have a great day.

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