Cash Converters franchise

Min investment
39,000

Outlets
200

Cash Converters franchise

Second Hand Goods Specialists

Cash Converters UK Ltd is a retailer of pre-owned goods

Minimum investment
39,000

Funding support
N/A

Total investment
100,000

Franchise fees
0

Business type
Franchise

Expected revenue after 2 years
204,000


Minimum investment
39,000

Outlets
200
  • Operating fee:
    N/A
  • Advertising fee:
    N/A
  • Royalty fee:
    N/A
  • Average floor space:
    0 sq ft

About Cash Converters
franchise

Cash Converters International is a franchise retail network listed on the ASX
We are a company that specializes in the sale of second hand goods

We adhere to high ethical standards and employs modern retailing practices and professional management techniques. Through this approach, we have been able to position our stores as credible merchandise stores which has generated huge profits for our group. Our stores offers a range of services ranging from pawn-broking loans and personal finance in selected markets in the micro lending sector. With our business model, we have been able to establish a strong and profitable presence in the retail shopping industry. We are the worlds largest cash and assert converter with more than 700 stores spanning 4 continents and 20 countries.

To become a franchisee, you need to invest at least ₤156,000 to open a franchise. We will require an initial investment of ₤39,000 to be granted a license to operate under our name. We will also require you to make store visits to be able to speak to current franchisees.

Our franchisees comes from a wide range of backgrounds. We continue to invite individuals to join the network and get a high return of investment. As a Cash Converter franchisee, you will be able to expect income from various channels. A potential franchisee can make up to £17,000 net income a month.

By joining the team, you will be part of the largest trading group of its kind and will be learning a proven formula for success. We utilize a comprehensive business management system designed to ensure the profitability of your business. You will also have exclusive rights to the group brand. As a franchisee, you will join a network that will only become bigger.

Training and support provided

In exchange for the investment you will make, we will provide the total turnkey operation you need to start your business. We will provide assistance with set up from business plan to opening and beyond. We shall also provide you with a working capital and opening stock. Your investment will also include fixtures and fittings. Aside from full training, we shall also support you with store build out and give you security as well. Our assistance will also include a custom-designed computer system that will monitor key operational data as well as comparative performance indicators. You shall also be trained on special courses like how to buy second hand goods and jewellrey valuation.

The ideal Cash Converters franchisee

We are looking for the right candidate to become part of our group. The right individual should have a sound commercial sense, a strong desire to own and operate a business. You need to have the enthusiasm, integrity, and hard work to be successful.

Cash Converters's history

Cash Converters began in 1984 when Brian Cumins, founder and former Chairman of the company, opened his first retail outlet in Perth, Australia. In the UK, the company opened its first store at Gants Hill in Essex. Today, it has more than 200 stores in the country.

 

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