The Pawn shop was my Father-In-Law's idea, but, it requires a LOT of paperwork (including getting your FFL Type 2), a lot of regulatory stuff (retaining DL's an

The Pawn shop was my Father-In-Law's idea, but, it requires a LOT of paperwork (including getting your FFL Type 2), a lot of regulatory stuff (retaining DL's and video on all transactions, reporting to regional fusion centers), and a lot of time (it was probably 18 months before we were profitable). The Great Clips was just a chance thing -- Sport Clips didn't seem like it was up my alley, and it's also located in Eastern Kentucky, where not a lot of people go for $70+ haircuts. Existing owner wanted out of his franchise agreement, and I was more than happy to purchase it from him. Eventually, I might try to market and sell the Pawn Shop's POS that I wrote for it, but, that's years down the road.