Cash Converters

Contact details

Membership
Member - Full
Sector
Retail
Contact:
Mr Roger Warren
Email:
franchiseenquiry.uk@cashconverters.com
Website:
Cash Converters  
Tel:
01928 737410
Location:
Innovation House, Aston Lane South, Preston Brook, Runcorn, Cheshire, WA7 3FY, UK

About Cash Converters

Company Overview

CCCash 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

CCCash 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.

Key Information

  • Network Size: Over 100 units
  • Franchise Type: Opportunity for both management and job
  • Typical Start-up Cost: £250,000
  • Minimum Personal Investment: £125,000
  • Franchise Location: Retail unit
  • Market: B2C

To understand exactly what is, and what is not, included in this financial information, click here (opens in a new window).

Training

CCA 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.

Cash Converters Case studies

  • Gary Lewy

    Cash Converters: Gary Lewy

    One seasoned Cash Converters franchisee, Gary Lewy, is still leading the charge. Gary, who opened his first store in 1995, now has 16 stores after wanting to take charge of his own destiny with a great investment opportunity.

  • Donna Mackenzie

    Cash Converters: Donna Mackenzie

    Donna Mackenzie, who along with her partner, Keith Woodford, opened her first store in August 2009, decided to invest in Cash Converters after she was made redundant from her job as a national retail account manager in November 2008.

  • Marc Warner

    Cash Converters: Marc Warner

    Marc is the franchisee in Penge and has brought with him a wealth of experience from the world of marketing and sales promotion after graduating with a degree in business and marketing management.

 
 
  • Gary Lewy
    Cash Converters - Franchisee case study

    One seasoned Cash Converters franchisee, Gary Lewy, is still leading the charge. Gary, who opened his first store in 1995, now has 16 stores after wanting to take charge of his own destiny with a great investment opportunity.

    Read the full case study
 
 
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