3.Sneakers
One of the most successful pawn shop business that make money are the ones who sell/buy sneakers.
If you didn’t know until now, sneakers are a great item to base your pawn shop on, and 10th grader Chase Reed proved it.
The teen entrepreneur opened his own pawn shop business by putting up for sale his own almost new sneakers. And it seems like people were interested. His first customers sold their sneakers in order to buy prom dresses, while another man was in need of cash for his brother’s funeral, so he sold his as well.
So if you want to sell those old sneakers you haven’t worn in a while, or you want to get an (almost) new pair, head to Harlem, New York City, where Reed’s shop is.