The Ultimate Guide to Starting and Running a Profitable Pawnshop

This comprehensive guide walks you through everything you need to know to start, operate, and scale a successful pawnshop. It covers the pawnshop business model, revenue streams, market research, legal setup and licensing, startup costs, location selection, security requirements, inventory management, pawn loans and appraisals, daily operations, staffing, marketing strategies, risk management, compliance, and expansion opportunities. Designed for both new and aspiring pawnshop owners, this guide provides practical insights to help you build a compliant, cash-driven business with long-term stability and growth potential.