There is no prior research on the succession planning of pawnshops, a centuries-old industry concentrated with small businesses. We use a survey conducted by the National Pawnbrokers Association of its members to examine succession planning of pawnbrokers. In the survey sample, most of pawnshop owners have identified a willing successor to take over the business and the selected successors often have desirable attributes such as experience. There are also worrisome findings. For example, several respondents indicate that they have not identified a successor because they have no one to appoint or have not given it any thought. Combined, the survey results and our analysis of “active buyers” raise several avenues of future research regarding the potential impact of such buyers on succession planning. Our study of a national survey presents first insights on succession planning efforts by pawnshop owners and thus provide another dimension to the literature on succession planning.