Anyone here ever think of opening a pawnshop?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Mr. Marks
    Confirmed User
    • Jun 2001
    • 7517

    #1

    Anyone here ever think of opening a pawnshop?

    Apparently, it's like shooting fish in a barell when it comes to making money. Any experiences?
  • EviLGuY
    So Fucking Banned
    • Apr 2003
    • 12745

    #2
    Its a good business to be in I think.. poorer people always need money for something or other.

    I am friends with a guy that used to work in one though, and it's a lot of work...

    Comment

    • twistyneck
      So Fucking Banned
      • Jan 2002
      • 4660

      #3
      Do you like dealing with shitbags all day long? If you do then a career as a pawnshop owner might be for you.

      Comment

      • Mr. Marks
        Confirmed User
        • Jun 2001
        • 7517

        #4
        Originally posted by EviLGuY
        Its a good business to be in I think.. poorer people always need money for something or other.

        I am friends with a guy that used to work in one though, and it's a lot of work...
        Documentation work? Or finding buyers for pawned goods?

        Comment

        • Mr. Marks
          Confirmed User
          • Jun 2001
          • 7517

          #5
          Originally posted by twistyneck
          Do you like dealing with shitbags all day long? If you do then a career as a pawnshop owner might be for you.
          So MOST people who pawn are automatically shitbags?

          Comment

          • twistyneck
            So Fucking Banned
            • Jan 2002
            • 4660

            #6
            Originally posted by papichulo
            So MOST people who pawn are automatically shitbags?
            Yes.

            Comment

            • sickkittens
              I am a meat popsicle.
              • Jul 2002
              • 25100

              #7
              Originally posted by twistyneck
              Do you like dealing with shitbags all day long? If you do then a career as a pawnshop owner might be for you.
              Does that have anything to do with most all pawn shops being located in cities or lower class areas?

              HIGHEST PAYOUTS FOR NO-CONSOLE TOURS IN THE ENTIRE INDUSTRY!

              THIS SIG CAN BE YOURS FOR $200 - ICQ: 78881543

              Comment

              • MissEve
                Confirmed User
                • Aug 2002
                • 583

                #8
                I know someone that owns a pawn shop and yes its a big money maker. They do have to deal with a lot of bureaucracy. The worst part is seeing the people coming in with their kids bikes or Disney videos etc and the kids in the car. Sad.

                Comment

                • EviLGuY
                  So Fucking Banned
                  • Apr 2003
                  • 12745

                  #9
                  Lots of documentation.. it's like running a regular store with a whole other layer of bullshit added on top.

                  Comment

                  • Mr. Marks
                    Confirmed User
                    • Jun 2001
                    • 7517

                    #10
                    Originally posted by MissEve
                    I know someone that owns a pawn shop and yes its a big money maker. They do have to deal with a lot of bureaucracy. The worst part is seeing the people coming in with their kids bikes or Disney videos etc and the kids in the car. Sad.
                    I would imagine a lot of paperwork to determine that the goods are not stolen.

                    Anyone know what the % of value to 'pawn value' normally is? I would say its very low. Ie., something brand new costs $500, used value = $200, pawn value = $20 ?

                    Comment

                    • MissEve
                      Confirmed User
                      • Aug 2002
                      • 583

                      #11
                      Originally posted by sickkittens
                      Does that have anything to do with most all pawn shops being located in cities or lower class areas?
                      It might have something to do with the fact that people in upscale neighborhoods dont usually pawn shit.

                      Comment

                      • pornguy
                        Too lazy to set a custom title
                        • Mar 2003
                        • 62910

                        #12
                        You will eb dealing with the cops on a daily basis.

                        Sending them reports on what you have bought, and then having them in the stor for complaints.
                        PornGuy skype me pornguy_epic

                        AmateurDough The Hottes Shemales online!
                        TChicks.com | Angeles Cid | Mariana Cordoba | MAILERS WELCOME!

                        Comment

                        • MissEve
                          Confirmed User
                          • Aug 2002
                          • 583

                          #13
                          Originally posted by papichulo
                          I would imagine a lot of paperwork to determine that the goods are not stolen.

                          Anyone know what the % of value to 'pawn value' normally is? I would say its very low. Ie., something brand new costs $500, used value = $200, pawn value = $20 ?
                          I dont know what the profit breakdown is between selling pawned goods and making money from the interest if someone actually gets their stuff out of hock but I think they charged 20% a month so you can imagine how the juice builds up.

                          Comment

                          • Mr. Marks
                            Confirmed User
                            • Jun 2001
                            • 7517

                            #14
                            Originally posted by MissEve
                            It might have something to do with the fact that people in upscale neighborhoods dont usually pawn shit.
                            Exactly. "Shitty" neighborhoods are a gold mine, if you know what to look for.

                            Section 8 housing is fucking AMAZING. My buddy just buys crappy buildings, cleans them up, has cheap Mexican labor go over them with toothbrushes, and makes BANK leasing to Section 8 recipients.

                            Comment

                            • Doctor Dre
                              Too lazy to set a custom title
                              • Jan 2001
                              • 51692

                              #15
                              Originally posted by papichulo
                              Documentation work? Or finding buyers for pawned goods?
                              Documentation
                              Originally posted by rayadp05
                              I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                              Comment

                              • Doctor Dre
                                Too lazy to set a custom title
                                • Jan 2001
                                • 51692

                                #16
                                Originally posted by papichulo
                                So MOST people who pawn are automatically shitbags?
                                Actually there is 3 pawn shops arround here and they are in the worst spots of the city
                                Originally posted by rayadp05
                                I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                                Comment

                                • Mr. Marks
                                  Confirmed User
                                  • Jun 2001
                                  • 7517

                                  #17
                                  Originally posted by Doctor Dre
                                  Documentation
                                  Automation, bro. Even fingerprinting is digitized now.

                                  Comment

                                  • Doctor Dre
                                    Too lazy to set a custom title
                                    • Jan 2001
                                    • 51692

                                    #18
                                    Originally posted by MissEve
                                    I know someone that owns a pawn shop and yes its a big money maker. They do have to deal with a lot of bureaucracy. The worst part is seeing the people coming in with their kids bikes or Disney videos etc and the kids in the car. Sad.
                                    I really don't know how I could accept them ... I think I'd be more likely to get a good american knuckle and kick their ass ... I'm a parent myself and I would NEVEr do that to my kid ... I'd eat Kraft dinner all year long b4 doing this
                                    Originally posted by rayadp05
                                    I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                                    Comment

                                    • Doctor Dre
                                      Too lazy to set a custom title
                                      • Jan 2001
                                      • 51692

                                      #19
                                      Originally posted by papichulo
                                      Automation, bro. Even fingerprinting is digitized now.
                                      They take your fucking fingerprints @ the pawn shop now ? I never pawned anything ... sorry I'm new to this shit
                                      Originally posted by rayadp05
                                      I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                                      Comment

                                      • skinnay
                                        Confirmed User
                                        • Apr 2004
                                        • 2274

                                        #20
                                        Originally posted by Doctor Dre
                                        I really don't know how I could accept them ... I think I'd be more likely to get a good american knuckle and kick their ass ... I'm a parent myself and I would NEVEr do that to my kid ... I'd eat Kraft dinner all year long b4 doing this
                                        they probably need the money to go and buy all those kraft dinners and ramen noodles. besides who cares? poor people are worthless peices of shit and will hopefully burn in hell.
                                        Make Real Green with ORGANIC SEO | Blog post exchange | Non-index page trades | A-B C-D Trades [icq: 194-215-962] [mail: [email protected]]

                                        Comment

                                        • sickkittens
                                          I am a meat popsicle.
                                          • Jul 2002
                                          • 25100

                                          #21
                                          Originally posted by Doctor Dre
                                          They take your fucking fingerprints @ the pawn shop now ? I never pawned anything ... sorry I'm new to this shit
                                          I can't see that happening in most porn shops that I've driven by.

                                          HIGHEST PAYOUTS FOR NO-CONSOLE TOURS IN THE ENTIRE INDUSTRY!

                                          THIS SIG CAN BE YOURS FOR $200 - ICQ: 78881543

                                          Comment

                                          • reynold
                                            Too lazy to set a custom title
                                            • Oct 2002
                                            • 51271

                                            #22
                                            can be a potential good business.

                                            Comment

                                            • Mr. Marks
                                              Confirmed User
                                              • Jun 2001
                                              • 7517

                                              #23
                                              Originally posted by skinnay
                                              they probably need the money to go and buy all those kraft dinners and ramen noodles. besides who cares? poor people are worthless peices of shit and will hopefully burn in hell.
                                              I'm sure in your family tree there were some poor people. Don't hate....

                                              Comment

                                              • johnbosh
                                                Confirmed User
                                                • Aug 2002
                                                • 8965

                                                #24
                                                there are big money makers in it:D

                                                Comment

                                                • Doctor Dre
                                                  Too lazy to set a custom title
                                                  • Jan 2001
                                                  • 51692

                                                  #25
                                                  Originally posted by skinnay
                                                  they probably need the money to go and buy all those kraft dinners and ramen noodles. besides who cares? poor people are worthless peices of shit and will hopefully burn in hell.
                                                  WTF man ... some ppl deserve to be poor ... but when you were born a way, sometimes you don't know nothing else .
                                                  Originally posted by rayadp05
                                                  I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                                                  Comment

                                                  • Mr. Marks
                                                    Confirmed User
                                                    • Jun 2001
                                                    • 7517

                                                    #26
                                                    As long as it's legal, its a legit biz....

                                                    Comment

                                                    Working...