Skip to main content
CityRuleLookup

Colorado Springs, CO Business Licensing & Operations: Pawnbrokers (2026)

Significant Restrictions
Compiled from the official code textEditor Martyn O'NeillLast verified September 2026

Key Facts

License required
Mandatory, 1-year term
Bond required
$2,000 surety bond
Pawn hold period
10 days after option expires
Purchase-transaction hold
30 days, item undisplayed
Business hours
8 AM-8 PM, closed Sundays
Record retention
3 years, Police Dept. access
Max penalty
$2,500 fine / 189 days jail

Summary

Anyone doing business as a pawnbroker in Colorado Springs, including buying secondhand goods outright for resale, must hold a City license under § 2.3.803, post a $2,000 bond, and keep detailed transaction records for the Police Department under Part 8 of the Business Licensing Code.

It shall be unlawful for any person to do business as a pawnbroker within the City without first obtaining a license. Fees shall be as established by City Council under article 1, part 5 of this chapter. All pawnbrokers' licenses shall expire one year from the date of issuance, unless suspended or revoked earlier.

View official code

Official source re-checked September 7, 2026: no newer edition of the code had been published (publisher’s edition: 2026 S-21: Code current through: Ord. 26-23, passed June 9, 2026).

Full Breakdown

City Code Chapter 2, Article 3, Part 8 licenses and regulates pawnbrokers under authority the City Council finds 'necessary to the general health, safety and welfare' and more restrictive than Colorado Revised Statutes Article 56 of Title 12. 803 makes it unlawful to do business as a pawnbroker without first obtaining a license from the Deputy Licensing Officer; fees are set by City Council resolution and the license expires one year from issuance unless suspended or revoked sooner. 804 requires a $2,000 surety bond conditioned on compliance with City ordinances and on safekeeping and returning property held under a contract for purchase.

802. 805 requires a pawnbroker to record each customer's name, address, date of birth, ID number, and a detailed description of every item, obtain a signed declaration of ownership, keep the register for at least three years, and submit records to the Police Department in an approved computer-compatible format on a Department-set schedule. Pawned items must be held on the premises unaltered for 10 days after the contract's fixed-time option expires; items bought outright in a purchase transaction must be held, undisplayed and unaltered, for 30 days.

806 requires collecting a government-issued photo ID (or a fingerprint and photo if the ID has no picture) before any transaction. on any day, or at all on Sundays.

Violations & Fines

Operating without a license, engaging in a prohibited act under § 2.3.810, pawning with a minor, obscuring an item's serial number, or violating a Police Department hold order, or keeping a pawnshop open outside the 8:00 A.M.-8:00 P.M. window or on Sundays under § 2.3.808 is punishable under § 2.3.811 by the Code's general penalty, § 1.1.201: up to a $2,500 fine and 189 days in jail, and can trigger license suspension or revocation.

Frequently Asked Questions

Do I need a City license to buy and resell used goods in Colorado Springs?
Yes, if you regularly buy tangible personal property for resale. City Code § 2.3.802 defines that as a 'purchase transaction' regulated under the same pawnbroker's license required by § 2.3.803, with its own 30-day hold period under § 2.3.805.G.
How long must a pawnbroker hold an item before reselling it?
Ten days after the contract's fixed-time redemption option expires for a classic pawn, or thirty days for an outright purchase transaction, under § 2.3.805.F-G, during which the item cannot be altered or, for purchases, displayed to the public.
What hours can a Colorado Springs pawnshop stay open?
Between 8:00 A.M. and 8:00 P.M., and never on Sundays. City Code § 2.3.808 makes it unlawful to keep a pawnshop open outside those hours on any day of the week.
What ID does a pawnbroker have to collect from a customer?
A current, valid government photo ID, a Colorado driver's license, state ID card, out-of-state photo ID, military ID, passport, or alien registration card, under § 2.3.806, or a fingerprint and photo if only a non-picture ID is available.

Sources & Official References

Other rules in Colorado Springs

All Colorado Springs rules

Compare Colorado Springs to another location·View the Colorado business licensing & operations overview

Get notified when Pawnbrokers in Colorado Springs, CO changes

We'll email you the moment we detect a change in the code. No spam, unsubscribe anytime.

We'll never sell or share your email. One-click unsubscribe in every email.

See something wrong?

Help us keep this page accurate. If you notice an error or outdated information, let us know.