From Orlando Dot Bizjournals Dot Com
Friday, July 23, 2010
Thedford starts new pawn shop chain, plans 20 stores by year-end
Orlando Business Journal
- by Anjali Fluker
John Thedford is giving the pawn business another try — but this time he wants a different end result.
Thedford, who in 1994 established the Value Pawn & Jewelry chain in Central Florida, grew his business to 67 stores in Florida, Georgia and Tennessee with 700 employees and $120 million in 2007 revenue before selling the chain in 2008 to Austin, Texas-based publicly traded pawn giant EZCorp. for $115 million.
After the sale, Thedford was expected to become president of EZCorp, but opted out to create a new chain and write a book, Smart Moves Management. It will be published in October.
Last summer, Thedford’s new firm, Family Financial LLC, opened its first La Familia Casa de Empeno y Joyeria in Puerto Rico, expanding to two stores in February. This month, Thedford debuted his first Florida La Familia Pawn & Jewelry store in a 6,500-square-foot former Blockbuster Video shop on Curry Ford and Conway roads in Orlando.
Tags: consumer credit, John Thedford, La Familia Pawn & Jewelry, Orlando FL, pawnbroker, pawnshop, Value Pawn
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John Thedford, at it again , probably telling his employees
” THIS IS THE BEST THING SINCE SLICED BREAD ”
To bad he is dead inside, and everyone knows he is a used car salesman dressed up in Brooks brothers suits.