About Cash Converters
Cash Converters is a retail franchise offering pawn-broking and second-hand retailing services. It has over 85 franchise-operated stores across Southern Africa.
Fees and investment
- Total investment
- R 3 000 000 – R 4 500 000
Range widened — two sources disagreed
- Joining fee
- R 172 500
- Ongoing royalty
- Not published by franchisor
- Marketing fee
- Not published by franchisor
- Unencumbered capital required
- R 2
Indicative range. Setup costs vary by store format, site, province and fit-out — confirm current figures with the franchisor.
Compiled by CityOpportunity from franchisor disclosure documents, application packs and public listings.
Training & Support
As a franchisee, you will receive comprehensive training on all aspects of the business operations, including product knowledge, customer service standards, and sales techniques. Our experienced team will guide you through the initial setup process, assisting with site selection, lease negotiation, and store design. Additionally, ongoing operational support is provided to ensure smooth day-to-day running of the business, with regular check-ins and performance evaluations to address any challenges or areas for improvement.
What You Get
With your investment, you gain access to our well-known brand name and reputation, instantly recognized by customers in the market. The franchise fee covers initial training for you and your staff, as well as continuous support in marketing strategies, promotional materials, and advertising campaigns. Furthermore, franchisees benefit from exclusive territory rights, securing a designated area for business expansion without competition from other franchisees.
Ideal Franchisee
The ideal franchisee for our business is someone with strong entrepreneurial spirit, a drive for success, and a proactive attitude towards problem-solving. Prior experience in the industry is beneficial but not essential, as full training is provided. A customer-focused mindset, excellent communication skills, and the ability to lead and motivate a team are key traits for success in this franchise. Dedication to following established business protocols and a willingness to work collaboratively with the franchisor are crucial for long-term growth and profitability.