PHC of Missouri, LLC was formed in 2009 to develop a chain of 100+ pawn shops. Our focus was to expand on the retail side of the business turning a typical small dirty pawn business into a retail business with a "big box" feel.
In may of 2009 we acquired Loftis Jewelry and Pawnbrokers in Springfield Missouri. A 12,000 square foot facility with over $2.5 million in sales and stable management fit perfectly into our vision of the future of the pawn industry. Estimated to be the largest single pawn store in Springfield, MO, Loftis is a three generation family business. The company is a premium retailer and pawner of quality items such as jewelry, guns and hard goods.
"Working with Eddie Scoggins and the Powell's has been an absolute pleasure. There were no surprises and because of their experience in pawn, they knew what they were doing and caused little disruption in my store. I highly recommend that if you are thinking about selling your pawn shop, you contact these guys first."
- Doin Loftis, Founder of Loftis Pawn and former President of the National Pawnbrokers Association