What if the pawn shops only offer $40 each or less? I deal in this space and at maximum you will be offered 50% of what they want to sell them for.
Pawn shops are already known for deals less than retail. If retail averages $120, they might want to sell them for $90-100 at most.
Now you’re stuck loosing money. Pawn shops will not give you $100 for a $120 retail item. Not happening but good luck!
Self employed version of golden handcuffs. I hear ya.
YMMV but I’ve cut out most of them because I am a small word of mouth type business and I like it that way.
When they ask what my marketing budget is, I tell them (honestly) zero.
They’ll try to pitch SEO, etc. I have a website, it’s fine. Im covered up in work and don’t really want anymore thanks but no thanks.
That has seemed to cut my calls to maybe one a month now, if that. Apparently (I hope) I’m on a “there’s no money there” list. Fine by me.
For $50k? Is that taking over the lease? Or is it a very small showroom in in a small town?
You definitely need to the see the financials for a few years on this one. Expanding? Diversifying?
There’s a reason you usually only see one or two used appliance/ refurbished places in every town. Bob’s Appliances depend on local traffic. Web presence is helpful but only to locals that don’t know about the place. Bob isn’t shipping ranges and fridges. Cost prohibitive.
Not enough info in your post yet.
r/scambait are full of these stories. Mostly on text but I also got one on DM’s here a couple months ago.