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Web23 Steps to Starting a Pawn Shop Business 1. Understand the Industry The pawn industry has enjoyed a period of conservative growth according to a survey carried out in 2015 by the National Pawnbrokers Association. The growth was associated with consumers releasing disposable gold during the peak gold price periods. WebIn 1978, Gold opened his first pawn shop, 'American Jewelry, and Loan,' at Oak Park’s 'Green Eight Shopping Center' on 8 Mile Road. Later, in 1993, the shop was relocated to its present location, a bowling alley turned into a 50,000-foot building on … small halls for hire near me
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