Frequently Asked Questions

A

How much can I expect to earn?

The performance can vary for each store which ultimately affects the earning capacity however there are some key components to success we have finely tuned over many years. Following our systems and practices will greatly improve your chance of success and of course being actively involved on a daily basis will ensure you have good control over the critical components.

A Starting any new business comes with an element of risk; we believe that risk is reduced by being involved with a strong brand that has excellent future prospects and state of the art systems.

Q

A

Can Cash Converters assist with financing?

Yes, Cash Converters provide funding for your unsecured loan book, and can assist with store fit-out funding.

Q 

A

Will Cash Converters assist in site selection and fit out? 

Cash Converters provides turnkey fit-out so you don’t need to worry about a thing, we even arrange uniforms, stationery etc. 

A Cash Converters coordinates the entire process from lease negotiations to store opening marketing plans. You can propose a location and the Cash Converters team will work with you to ensure it is on brand and fit for purpose. 

We do not make a margin, accept commissions or receive anything else of value during site selection and fit out. The process and costs are transparent.

Q

A

Can I own more than one Cash Converters store?

Yes, most of our existing franchisees are multiple store owners. We consider this a good endorsement of the brand.

Q

A

Must the franchisee have prior experience?

Being new to our business is not a barrier, we will provide comprehensive in-store training.

Q


A

Does Cash Converters require the franchisee to actively operate the store?

Yes, being involved in your store operation is one of the keys to success.

 

A
How much does it cost? 

The franchise fee is $80k for an eight year term.

A


There are initial set up and ongoing costs, please contact us for more details on your investment.

Q

A

What hours will the store open?

Generally our stores trade Monday to Saturday 9.00am to 5.30pm, Sunday’s and public holidays 10.00am to 4.30pm.