Min investment
£80,000
Outlets
700
Cash Generator franchise
Buy, Sell & Loan StoreThe largest network of second hand product shops
Minimum investment
£80,000
Funding support
N/A
Total investment
£240,000
Franchise fees
£0
Business type
Franchise
Expected revenue after 2 years
£0
Minimum investment
£80,000
Outlets
700
-
Operating fee:
N/A -
Advertising fee:
N/A -
Royalty fee:
N/A -
Average floor space:
0 sq ft
About Cash Generator
Franchise
Cash Generator is a “Buy, Sell & Loan Store” based in the UK
We are proud to be the largest network of second hand product shops. We have 200 shops in UK alone and over 700 stores across 21 countries worldwide. Our wide variety of items to such as; electrical and entertainment products such as televisions, DVDs, games consoles, mobile can be seen in our online shops. We also offer variety of loans, cash advances and pawnbroker services.
With the success of this franchise business, there are two third of which are operated by Franchisees, owning up to 12 stores each. At Cash Generator, we operate our business through 77 company stores and more than 145 franchise stores located in high street and shopping centre locations.
What makes us special is that we offer numerous income streams for our franchisees including discount consumer retailing of new and second-hand products, worldwide money transfers, currency exchange, and the variety of financial services we offer.
If you wish to invest in a Cash Generator franchise, a typical start-up cost is £240,000 and the minimum personal investment required is £80,000.
Training and support provided
At Cash Generator, we offer training and ongoing support to our franchisees by our experienced support team in order to ensure the success of your business. This training will be specifically designed for your needs and entails training in stores as well as training in the classroom for 6 weeks. After this training course, franchisees will be ready with knowledge and expertise including general business management, retail operations, customer service skills, lending practices, currency and money transfer operations.
As a franchise owner, your time will be spent training your team, coaching and guiding your staff, and serving your customers. You will also be constructing business plans, setting goals and control marketing activities. You will also be attending regular regional meetings with our team to discuss any market developments and training updates. We work very closely with our franchisees by offering them the specialist support and advice.
As for marketing, we invest a significant amount of money every year to advertise Cash Generator on the media - including on the television, radio and on print.
The ideal Cash Generator franchisee
An ideal Cash Generator franchise owner is someone who is financially committed and willing to invest a large amount of time and effort into their business. A great candidate should have good commercial sense with a strong desire to own and operate their own company. Should have strong determination and a hard worker. Many of our franchise owners will typically employ staff to run the business on their behalf on a daily basis.
Cash Generator's history
Cash Generator was established in 1994 by Brian Lewis, after seeing the success of this business in the United States, he brought this to the United Kingdom. The first store was opened in Bolton, United Kingdom, and the first franchise store was opened in 1997. The original name of the business was ‘Paragon’ but after one year of operating, it was changed to ‘Cash Generator’.
Latest news from
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