For Pawnshop Acquisitions, There is One Industry Leader You Can Trust
Whether you are just starting out or have been in the pawn game for years, Pawnshop Consulting Group has the true depth of knowledge to assist you. Whatever goals you set for your pawn operation; Pawnshop Consulting Group can help. Whether you are selling your business to retire, acquiring stores to broaden market share, or merging with a sister brand, Pawnshop Consulting Group is your transition partner. Because the territory may be unfamiliar for you, our experts guide you step-by-step.
Why Are Pawn Operations Bought and Sold?
Pawnshops are bought and sold like any other business. You may be surprised to find out that some pawnbrokers go into the industry intending to sell. They build up the operation until it reaches a set value, and then sell it off for a profit. Here are some of the reasons pawn operations are bought and sold:
- Dissolution of Partnerships
- Retirement Planning
- Estate Planning
- Asset Management
- Ownership Changes
- Family Circumstances
- Legal Matters
Are You Ready to Expand Your Empire?
Strategically timed pawnshop acquisitions can bring with them tremendous advantages. Reducing market entry barriers for example. In addition to increasing the accessibility of resources, competencies, regional experts, and capital. Pawnshop Consulting Group knows the industry giants, individuals, and groups striving to extend their market share. These entities actively look to buy new stores. Pawnshop Consulting Group has a long-standing history orchestrating strategic deals in coordination with these groups. PCG has the network in place, whether you are interested in buying or selling all or part of a pawn operation.
Pawnshop Acquisitions Offer These Significant Benefits
Overcome Market Barriers Of Entry
With Pawnshop Consulting Group acquisitions, you can instantly penetrate new markets with a current customer base and local brand awareness. An acquisition takes the pain out of executing market research, product development, and the exorbitant time it takes to fortify a solid customer base that outsmarts the usual barriers to entry.
Gain Market Share Quickly
Growth by way of acquisition is a way to edge out the competition. Undoubtedly, organically gaining market share is a laborious task. Through the acquisition, achieve a competitive edge and a quick increase in market share. Even though competition can be fierce, commanding more market share puts you ahead of the pack.
Expand New Competencies and Resources
Pawnshop Consulting Group can help you acquire a business to gain capabilities and resources it holds to bolster your business. Strategic plays like this have substantial benefits, but it takes knowledge and experience to execute a complex acquisition. That is what Pawnshop Consulting Group does best. It is not just that they execute the deal flawlessly, but that they recognize the potential deal in the first place that is amazing. Done right business can experience accelerated revenue growth and an improved financial position, easing the acquisition of capital for expansion. Adding new resources and functionalities to your business allows flexibility that comes in handy in economic downturns.
Better Access to Specialists
When small businesses combine with larger organizations, access to specialized fiduciary, legal, and compliance experts, among others, can catapult them to new levels. Pawnshop acquisitions deliver the same results.
Improve Leverage with More Capital
After a pawnshop acquisition, small business owners who typically invest personal funds in business growth can now obtain significant loan funds. However, acquiring more capital is part of an acquisition. With the availability of more capital, businesses have more to leverage when seeking bank funding. Previously unobtainable jumbo loans now are within reach for business expansion.
Get Innovative Expert Advice
Because Pawnshop Consulting Group is an ever-expanding network, you have access to the most respected players in the pawn industry. Plus, they also have a team in place to offer you innovative perspectives. There will never be a shortage of fresh ideas about pawnshop acquisitions.
PCG Your Pawnshop Acquisition Partner
Let Pawnshop Consulting Group do the searching for you when you want to expand your market share. The Pawnshop Consulting Group Acquisition Team can identify potential targets for you. Acquisition services involve an analysis of potential pawnshop acquisition assets and demographics, along with a complete financial analysis. With Pawnshop Consulting Group, services may also include complete acquisition asset auditing. Here, assets include an inventory of loans and retail for hard goods and jewelry. In addition to asset auditing of firearms, layaway, furniture, and fixtures. Certainly, information system credibility and status reporting services are critical. Specifically, these services include price point valuation, customer analysis, operational transitions, and brokerage services.
Contact us to see if a pawnshop acquisition is right for you.