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Yes, you will not be able to open a pawn shop without getting a license from the state which you will operate in. You will first have to fill out an application with you local state Department of Financial Institutions, and then pay a fee which averages about 1500 to 2000, along with a criminal background check, financial statements, etc.

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Q: Is there any licensing or accreditation you would need to open your own pawn shop?
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