Cash Converters Bangor Resale

An exceptionally rare opportunity has arisen to acquire a Cash Converters business, priced for a quick sale due to the current owner's other commitments.

Cash Converters offers an exceptional franchise opportunity which provides franchisees with access to a proven business model and one of the most comprehensive training programmes in the industry.

  • 200 franchised stores in the UK
  • Earning potential of £100k p.a. plus
  • High street location
  • Tremendous scope for working owner

A Cash Converters franchisee has the potential to enjoy fantastic earnings, with almost unlimited reward for those who work hard to realise their ambitions. Their proven business model provides the opportunity to earn profits in excess of £125,000+ pa before tax.

The company was founded in Perth, Western Australia in 1984 by Brian Cumins. The Cash Converters chain has grown exponentially into a multi-million dollar international business with more than 700 stores across the world.

The Resale Opportunity

A comprehensive 10-week induction plan, prior to taking over and operating this established business, is to help you, as a new franchisee, to develop important business skills, put you in touch with useful business contacts and provide comprehensive training in all the services Cash Converter UK has to offer. The head office for the Cash Converters brand in the UK is based in Cheshire, with a team of support staff focused on operations, customer service, training, HR and franchisee services.

Cash Converters Bangor is priced to sell - the current franchisee has other commitments and wishes a prompt sale. The business is situated on the High Street in Bangor town centre, which is the longest high street in Wales, An impressive shop front and high quality fixtures and fittings complements the business. The store comes with access to parking and deliveries to the rear exit, with parking available for six cars. The store operates over two floors, the ground floor houses the sales floor, buys, office. Below is a basement storage area and stock rooms, which also houses jewellery cleaning, processing area, a test bench and repairs area. The business has a five staff to complement its day to day activities.

Full financial information will be made available after a formal meeting with the franchisee and a signing of a non-disclosure agreement.

Guide Price: £49,950 plus street value and stock at value