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First, contact us either by calling our Acquisitions Department, at
1-866-291.8110, or by
e-mailing us your contact information using the form on the left.
We will contact you to discuss your pawnshop and your situation. If your pawnshop meets our acquisition criteria, we will arrange for a personal meeting. That’s when we’ll gather all the details we need from you to evaluate making a fair value offer for your pawnshop.
We understand the pawn business and we will establish your shop’s value based on projected cash flow and the rate of return on our anticipated investment. After we receive the necessary operating and financial data we need from you, we’ll prepare an internal financial performance model on your pawnshop. If the model meets our criteria, we will make you a formal offer. If the offer is accepted, we will work with you to conduct due diligence and prepare an agreement of sale. If an agreement of sale is signed, we will perform additional pre-closing due diligence, prepare the necessary paperwork and inspect your business.
At closing we will conduct a closing check-out of your loans, collateral and inventory and if everything checks out as promised, we will sign the closing documents and pay you cash for your pawnshop. It’s that simple. |
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