- Membership: Full
- Sector: Retail
- Contact: Mr Roger Warren
- Email: firstname.lastname@example.org
- Tel: 01928737410
- Location: Innovation House, Aston Lane South, Preston Brook, Runcorn, Cheshire, WA7 3FY, UK
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.
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.
- 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).
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.