Have you ever wanted to own and operate a pawnshop, but never knew how to? PeoplePawn™ now has the perfect solution.
Have you ever wanted to own and operate a pawnshop, but never knew how to? PeoplePawn™ has the perfect solution. A PeoplePawn franchise opportunity. A complete turnkey solution from pre-store development to store opening!
With over 20 years of international retail operations experience, and over 5 years dedicated experience opening and operating over 13 individual pawn shop locations in the Pacific Northwest, PeoplePawns leadership team have the skills, knowledge and experience to help you succeed.
Need to find your first location, we can help! Need to develop an Employee Handbook and execute bespoke training packages within your business, we can do that for you and with you.
We have operational management experience in developing "fast growth" pawnshop business models. We can assist with site location, selection and build-out! We can help you develop every aspect of your Human Resource, Audit, Inventory, and Valuation Strategy. Save yourself the stress, cost, time and find the right solution the first time.
In order to build and operate a PeoplePawn™ store, the franchisee would need to consider the following as an indication of pre-revenue capital requirements:
Capital Expenses
|
$80-$150K |
Working Capital (First Year)
|
$80-$150K |
Start-Up Losses
|
$40-$60K |
Total finance commitments |
$200-$360K |
The above scenario is based upon a collateral pawn business model. PayDay loans as well as internet retail solutions can be added to the basic business model to accelerate revenues and profitability. Multi-product business channels change the dynamics of the fundamental "start-up costs".
For more information on any of these systems, please call 1.866.383.PAWN or email us.