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Cash Converters Franchise Opportunity

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

A total investment of between R1.25 million and R2.5 million is required for a Cash Converters franchise.

About Us

Cash Converters franchise…3 businesses in 1

Cash Converters is the leader in the buying and selling of 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 international retail chain specialising in the buying and selling of pre-owned goods, and the provision of short term loans. Cash Converters has over 620 stores operating internationally over four continents.

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 on at prices everyone can afford.

3 businesses in 1

We buy...Cash Converters gives cash on the spot for unwanted items in good working condition.

We sell...Cash Converters sells unusual and different products, as well as those household essentials at prices you can afford.

We loan cash...Cash Converters gives instant loans against valuables customers do not wish to sell through their Cash Advance scheme. A PayDay Advance is also available against a customer's next salary.

Finance

What does a Cash Converters franchise cost?

A total investment of between R1.25 million and R2.5 million is required for a Cash Converters franchise. (R600 000 unencumbered capital required, the balance can be financed)

Size of store:

MINI: Approximately 200m² (± R1,25m to set up)
MIDI: 300-400m² (± R1.75m to set up)
MAXI: 600-1000m² (± R2.5m to set up)

What do I get for my investment?

For your investment you get a total turnkey operation including:

Store build out
Fixtures and fittings
Security
Opening stock
Working capital
Assistance with set up from business plan to opening and beyond
Full training

How much money can you make?

Cash Converter franchisees can make between R300 000 – R500 000 gross profit per month.

Training and Support

Our training

Initial training consists of a two week period of classroom sessions at our training centre in Midrand or Cape Town, followed by an intensive six week period of in-store training. Ongoing training is available on a constant basis.

Operational & technical support

Cash Converters has a qualified operations support team that offers ongoing support in the form of regular store visits, reviews, audits as well as continuous IT and advertising support.

Territories/Locations

Available locations

Franchise opportunities for Cash Converters are available throughout South Africa.

GAUTENG

Balfour Park

Benoni

Blackheath

Boksburg

Centurion

Comaro

East Rand Value Mall

Florida

Fourways

Greenstone

Hillfox

Kempton Park

Kensington

Mall @ Reds

Mayville

Montana

Northgate

Pretoria

Princess Crossing

Queenswood

Randburg

Vanderbijl Park

Windhoek

MPUMALANGA

Witbank

FREE STATE

Bloemfontein South

Berea

Durban North

Greyville

Pietermaritzburg

Pinetown

Richards Bay

Scottsville

EASTERN CAPE

Malcomess Park

Brackenfell Hyper

Cape Gate

George

Goodwood

Kuils River

Montague Gardens

Mossel Bay

Ottery

Paarl

Parow

Seapoint

Somerset West

Tableview

Wynberg

NAMIBIA

Independence Avenue

Windhoek

For more information on franchising with Cash Converters, please complete the short form below:

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*Own cash to invest

Most commercial banks require an own contribution of up to 50% in cash from the potential franchisee in order to qualify for finance for the remainder of the total investment.
*I confirm that I have access to at least 50% of the total investment required in cash for buying this franchise (If you do not have 50% of the investment in cash for this franchise then please reconsider your franchise options based on investment)

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Cash Converters Franchise Opportunity

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