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Cash Converters Southern Africa Franchise Opportunity

Cash Converters Southern Africa Franchise Opportunity

Franchise Category

Commercial/ Business

Business Description

Cash Converters has grown to become the world's largest international retail chain specialising in the buying and selling of pre-owned goods.

  • 1. We buy. Cash Converters gives cash on the spot for unwanted items in good working condition.
  • 2. We sell. Cash Converters sells unusual and different products, as well as those household essentials at prices you can afford.
  • 3. We loan cash. Cash Converters gives instant loans against valuables customers do not wish to sell through their Cash Advance scheme. Pay Day Advance is also available against a customer's next salary and 123 Loans are also available.

Profile of the Ideal Franchisee

Entrepreneurial individual with outgoing personality. A trader by nature. Hands-on in the business. Our ideal franchisee must have high energy levels, and be involved full time, they must have business acumen and sufficient capital.

Background / History of the Business

Cash Converters is the leader in the buying and selling of quality pre-owned goods in South Africa and has been since 1994. Launched in Perth, Australia in 1984, Cash Converters has grown to become the world's largest Cash and Asset Converter, and provider of short term loans. Cash Converters has over has over 700 stores internationally across 22 countries. Cash Converters stores are upmarket, well located, modern retail outlets servicing a much needed niche in the marketplace. Our buyers purchase quality pre-owned merchandise from customers in their respective communities and then sell them on at prices everyone can afford.

Minimum Investment for the franchise

Total Investment of between 2.6M - 3.2M.

The Cash Converters model requires an owner-operator franchisee with significant financial investment (a minimum of R1, 3-million unencumbered), combined with a hands-on approach to running a customer-oriented business.

Training for the franchise

Cash Converters Training Academy has developed a comprehensive training programme for franchisees and their staff. Each new franchisee is required to attend an intensive 2-month training programme prior to opening their store.

In addition, franchisees have a dedicated local area marketing specialist team which develops individual marketing strategies, plans and elements for their store in their unique community.

Cash Converters also provides its franchisees with proprietary software for marketing and reporting as well as analytical purposes, along with a dedicated, ring-fenced full spectrum accounting service.

Franchise Locations Available

Various locations countrywide, contact us for further details.

Cash Converters Southern Africa Franchise Opportunity

Contact details

Contact Person: Ilsť Murray
Tel: 087 820 7411
Email Enquiry: More Info on this Franchise Opportunity
Website More Info on this Franchise Opportunity
  Remember to include your name and contact details in your enquiry
Cash Converters Southern Africa Franchise Opportunity