Home & Gifts Q&A

How Do You Open A Pawn Shop?

by @ 1:57 am on April 28, 2020. Filed under Pawn Shop

It is possible to open a pawn shop for as little as $10,000 dollars, but most cost much more. Since pawn shops make most of their profit from providing loans to customers, possible income is limited by the amount of money available to loan out, so it makes sense to have a significant amount of capital before opening a pawn shop.

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