Buy Here Sell Here is a licensed pawn shop operating two locations in Columbus, Ohio (East and West stores). The business provides traditional pawnbroker services where customers can obtain cash loans by using personal property as collateral. The company has established itself as a full-service pawn operation with particular expertise in firearms sales and transfers, backed by years of experience in the pawn industry.
The company offers three primary service paths: pawn/cash loans on items of value (jewelry, electronics, tools, firearms, musical instruments), direct purchases of items for cash, and retail sales of pre-owned merchandise. They accept collateral including electronics, computers, power tools, firearms, watches, scrap gold, jewelry, video game systems, and musical instruments. For loans, they charge 6% interest on 120-day terms with 30-day renewal options. They maintain an online retail inventory alongside their physical floor stock.
Buy Here Sell Here distinguishes itself through licensed firearms dealer services, including NICS background checks, interstate firearm transfers, and online firearm ordering facilitation. The company operates extended hours (West store open until 6pm weekdays) and maintains selective Saturday hours at each location. Their website transparency about item acceptance policies and loan terms is relatively clear compared to many pawn shops.
The business model is straightforward collateral lending with retail resale as backup. However, the 6% monthly interest rate equals 72% APR—substantially higher than traditional lending but typical for pawn operations. The requirement for state ID/driver's license and 120-day loan terms are standard industry practice. Success depends entirely on the customer having items of sufficient resale value and understanding that non-renewed items become retail inventory.