In particular, where are you located, when were you founded and who owns the business?īattis: “The business is owned by my family and me. PEC: Give us a little bit of background on Pawntique. So it’s really adapting the business model of a pawn shop - that’s been around for a long time - to the modern Internet.” If they really don’t want these items back, we’re willing to buy the items from them. Basically, we help people solve their short-term cash problems by loaning them money using their personal items as collateral. But there are only a couple of us who are trying to transfer that business model to the Internet. There are 12,000 pawn shops in the United States. from its base in New Hampshire.ĭon Battis: “Pawntique is an online pawn shop. We recently spoke with Don Battis, CEO and founder of, a web-only pawn shop that serves all of the U.S. Most sectors of the retail economy do business on the Internet.
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