Cash Converters

Company Overview

Cash Converters UK Ltd is a retailer of pre-owned goods and provider of personal finance to the consumer market. Traditional retail, buying and selling, sits at the heart of the Cash Converters offer; we buy unwanted goods for cash, and using modern retailing practices, offer customers pre-owned bargains. Traditional pawnbroking and buybacks services sit comfortably alongside our personal finance centres, which typically offer two financial products, cash advance and personal loans. We are a highly-recognised high street brand. 

Franchise Overview

Cash Converters business is represented in 21 countries worldwide and has a network of over 700 stores.  There are 222 stores in the UK – 61 are owned and managed directly, employing approximately 500 staff; and 161 via the franchise network, employing approximately 1300 staff.  Cash Converters welcomes more than 110,000 customers through the doors of its 222 stores weekly, almost half a million monthly, with almost 6 million people across the UK benefiting annually from the various services Cash Converters provides.

Training

A 10-week induction plan prior to opening to help new franchisees develop important business skills, put them in touch with useful business contacts and provide comprehensive training in all the services CCUK has to offer. This will take the form of in-store experience and classroom-based training, which ensures the franchisee experiences all job roles and has the opportunity to put their newly-found skills into practice prior to opening their own store.

Daily Life of a Franchisee

A franchisee should be prepared to wear many hats; they will most likely have to manage all the daily operations involved in operating a Cash Converters business, including dealing with customers in the various areas of the business. It is essential to be able to organise all of your responsibilities so that everything gets done accurately and in a timely manner.

Full Description

In Summary:

Description:
As a leading retailer of pre-owned goods and a financial services provider, Cash Converters has transformed the concept of buying and selling second-hand goods. Since its launch in Australia in 1984 the company has grown enormously with more than 227 stores in the UK and over 730 stores worldwide. Modern retailing practices, professional management techniques and high ethical standards are present in all Cash Converters stores. The customer base cuts across a wide demographic and the company's continued store growth reflects the popularity and wide range of services. New shop layouts, including innovative dedicated Personal Finance Centres offer cash advances and personal loans.
Opportunities:
In the UK.
Business Type:
Minimum Investment:
Training Provided:
Home-based:
Part-time:
BFA Membership:
Member - Full
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In Summary:

Description:
As a leading retailer of pre-owned goods and a financial services provider, Cash Converters has transformed the concept of buying and selling second-hand goods. Since its launch in Australia in 1984 the company has grown enormously with more than 227 stores in the UK and over 730 stores worldwide. Modern retailing practices, professional management techniques and high ethical standards are present in all Cash Converters stores. The customer base cuts across a wide demographic and the company's continued store growth reflects the popularity and wide range of services. New shop layouts, including innovative dedicated Personal Finance Centres offer cash advances and personal loans.
Opportunities:
In the UK.
Business Type:
Minimum Investment:
Training Provided:
Home-based:
Part-time:
BFA Membership:
Member - Full