Cash Converters
 
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Summary of Operation:
The UK’s number one buyer and seller of pre-owner goods, and a financial service provider including, pawnbroking, buybacks and personal loans. It has transformed the concept of buying and selling second-hand goods since its launch in Australia in 1984. The company has grown enormously with over 200 stores in the UK, 600 worldwide and is the largest of its kind in the world.

Ideal Franchise Owner:
Determined, hard working, committed, and a desire to succeed and reap the rewards.

Training Provided:
Bespoke 10 week schedule, one of the most comprehensive training programmes in the industry is available to all Cash Converters franchise owners.

Training Location:
In-store, in house workshops and head office.

Support Services:
Business Development Manager and Regional Training Manager. Stock, logistics as well as national and local marketing and PR support. Franchise owners receive ongoing support and advice, from choosing the perfect location to recruiting staff, marketing support and purchasing initial stock.



Year Established: International 1984, UK 1996.
Year of First Franchise: 1991
Number of Company Outlets: 45
Number of Franchised Outlets: 145
Franchises Planned: Unlimited
Areas of Priority Development: England, Scotland and Wales.

Overseas Opportunities Exist: Worldwide
Overseas Opportunities Planned: AOR

Total Cost of Franchise: £125,000 + VAT plus financing
Initial Investment: £100000
Management Service Fees Payable: £362 per week.
Breakdown of Package: Franchise Fee, Opening Stock, Shopfit, IT costs, Pre Opening Costs, Working Capital.
Financial Assistance Available: Yes – Relationships in place with several High Street Banks & Specialised lenders.

BFA Member: Full
IFA Member: No

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