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Cash Converters
FRANCHISE
“720+ Shops in 20 Countries: The World's Premier Retailer of Pre-Owned Goods”
Type of business
Convenience Store, Mini-Mart, Department Franchise
NameCash Converters
Was foundedA.D. 1984 (35 Years)
History
As well as being listed on the Australian Stock Exchange (CCV), Cash Converters is worldwide; the group is a franchised retail network it specializes in the sale of second-hand goods.

At Cash Converters, we'll pay you to recycle your quality goods. Bring in the things you no longer need, and we'll give you instant cash in return.

Whereas many other franchises involve the distribution of products purchased from the franchisor, Cash Converters trains its franchisees in the effective use of its proven business system to purchase from individuals valuable unwanted products.

You get paid to recycle! A Cash Converters store offers an extremely diverse and constantly evolving range of products. we buy from and sell to individuals: jewelry, sporting equipment, IT and communications, electronic games, computers and TV's, furniture, white goods, and anything portable ...

A Cash Converters store is divided into two distinct departments: retail sales and buying area. The retail area maximizes the potential of the available floor space, while separate sections are created for buying stock.

Buying stock from customers daily, our franchisees can enjoy a high degree of flexibility in pricing, allowing them to respond to fluctuating economic cycles.

This project allows high markup percentage, considerably higher than when the product was originally bought and sold.

Joining a franchise is an excellent method of saving time and money, as you're using a tried and tested formula. 

The group employs modern retailing practices, professional management techniques and high ethical standards to the management of its stores throughout the chain which appeal to a wide cross section of the community.

Cash converters central support is dedicated to helping you and your business succeed. Right from the beginning you will be helped, guided and monitored so that your business gets the best possible support.

The six weeks program ensures the franchisees experience all job roles within the business and have the opportunity to put their newly found skills into practice prior to opening their own store.
Cash Converters believes in the highest standards of presentation and service. All stores are branded with our corporate colors, systems and signage. 

A Cash Converters franchisee has the potential to enjoy fantastic earnings, with almost unlimited reward for those who work hard to realize their ambitions.

The approximate investment is outlined in the brochure. These figures will vary depending upon size, location and the amount of shop fitting work required. 

Our objective is to be recognized as the world leader in the retail franchising industry through the provision of innovative business opportunities and management support services to franchisees.
Product
& Services
CountryAustralia  Australia | Oceania
RegionalASEAN Economic Community (AEC)
Business type
Ready to expand abroad
Total
Investment
  • The Cash Converters brand offers full support and training both at the beginning of the relationship and throughout.
  • The support center and operation team is dedicated to helping you and your business to be a success.
  • One of the most comprehensive training programs in the industry is available to all Cash Converters we invest heavily in information technology.
    • Our dedicated in store computer system manages the daily functions, it features:
    • Unique barcode allocation on all products for easy tracking throughout the business.
    • Individual levels of access and control for every member of staff.
    • Stock transfer facility between stores.
    • We also provide a full reporting and analysis facility of all key ratios within the business by day/week/month, etc. including the performance of individual staff.
    • Six-weeks training is a challenging timescale to complete induction training, but it is achievable with high levels of participation from the franchisee .This will take the form of in-store experience and classroom based training
  • Transfer of all market & industry knowledge.
  • Universal acceptance of products.
  • Assist in providing your opening stock from our closest licensee (Dubai).
  • Prototypical design and conceptual layouts for new stores.
  • Excellent web presence with online purchasing available.
Qualification
of investor
Our ideal Franchisee has the following credentials :
  • Experienced retailer
  • Solid financials and access to capital
  • Passionate about the brand (not just a brand collector)
  • Committed to grow the brand in their specific country
  • High personal standards: excellence, honesty and integrity
Training
& Support
etc.
ContactCash Converters
AddressLevel 18, 37 St Georges Terrace, Perth, Western Australia 6000.
Tel.+61 (8) 9221 9111
E-mailgeneral.enquiries@cashconverters.com
Websitewww.cashconverters.com
Information as  15 May 2019 
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