Cash Converters Southern Africa (Pty) Ltd

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Cash Converters has grown to become the world`s largest international retail chain specialising in the buying and selling of pre-owned goods. 1. We buy: Cash Converters gives cash on the spot for unwanted items in good working condition. 2. We sell: Cash Converters sells unusual and different products, as well as those household essentials at prices you can afford. 3. We loan cash: Cash Converters gives instant loans against valuables customers do not wish to sell through their Cash Advance scheme. Pay Day Advance is also available against a customer`s next salary and 123 Loans are also available.

History and Franchise Opportunity

Cash Converters is the leader in the buying and selling of quality pre-owned goods in South Africa and has been since 1994.Launched in Perth, Australia in 1984, Cash Converters has grown to become the world`s largest Cash and Asset Converter, and provider of short term loans. Cash Converters has over has over 700 stores internationally across 22 countries. Cash Converters stores are upmarket, well-located, modern retail outlets servicing a much needed niche in the marketplace. Our buyers purchase quality pre-owned merchandise from customers in their respective communities and then sell them on at prices everyone can afford.

Franchisee Profile

Entrepreneurial individual with outgoing personality. A trader by nature. Hands-on in the business. Our ideal franchisee must have high energy levels, and be involved full time, they must have business acumen and sufficient capital.

Type of Training Offered

Initial training consists of a comprehensive two week classroom training and Six weeks in-store training programme.

Financial Cost

Total Investment of between R2,8 – 3,4M. Increasing between 5-6% in 2019.

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