An award-winning, discount retail franchise success story, Cash Generator has grown rapidly to become the UK's most popular loan, buy and sell store, with a turnover of over £170 million and an ever-strengthening presence on the British high street.
Cash Generator is an ethical franchise opportunity that offers multiple income streams from discount consumer retailing of new, graded and pre-owned goods, to the following financial services:
- Worldwide money transfers
- Currency exchange
- Payday loans
- Pawn broking
The simple truth is that a welcoming and well-run Cash Generator store can buy and sell pre-owned goods at a higher margin than new products, and at the same time become a centre for the local community. To broaden the geographic appeal of the brand even further, we have recently launched CashGenerator.co.uk, an advanced and fully-transactional website.
Why not try it for yourself?
Cash Generator: An award-winning discount retail franchise success story...
Since opening the first store in 1994 in Bolton, Lancashire, Cash Generator has grown rapidly to become the UK's most popular loan, buy and sell store. With a turnover of over £170 million and an ever-strengthening presence on the British high street, Cash Generator is set to strengthen its position even further in 2010 with over 20 new stores planned to open. Indeed, the famous yellow and blue of the Cash Generator logo has become one of the UK's most instantly-recognisable brands, synonymous with choice and value.
As we are all aware, the current global recession has been one of the deepest in living memory. In terms of franchise businesses, many seemingly-strong business models have struggled to adapt to the rapidly-changing economic climate, cutting deeply into franchise investments nationwide.
Conversely, the economic pitfalls that have damaged the prospects of many other franchises have actually strengthened those of Cash Generator. Indeed, we now have over 110 stores across the UK and an ever increasing turnover.
Training and Support
People normally buy a franchise to obtain the experience and knowledge the successful franchisor has acquired and to enjoy high-quality management helping them to maximise their potential. We pride ourselves on the quality of our support staff. As one of our franchisees remarked: "They could not be more helpful and understanding".
The support is apparent from the first meeting with the company and moves onto a highly-developed General National Vocational Qualification-approved training program for the franchisee. Throughout the year we run a number of courses that are available for franchisees and their staff to help polish their skills.
Regional seminars are held several times a year and all franchisees are requested to attend and share information and ideas with each other and the franchisor. The franchisees gain help from their neighbouring stores, particularly the new members being supported by the more experienced stores.
Volunteer franchisees form a 'Franchise Advisory Council' committee with the franchisor and senior management in order to explore ways of maximising performance. This group meets several times a year to discuss future strategy and opportunities.
There has been major investment in new technology for the business. We have developed systems including EPOS, to cover all aspects of Cash Generator business, and these are being constantly updated and improved.
Everyone at Cash Generator is committed to helping develop both your individual business and the wider group brand. As part of this commitment, we invest a significant sum each year to advertise Cash Generator nationally on television, radio or in print. We believe that the Cash Generator tried and tested franchise model is a great way for hard-working, committed people to build something valuable for their futures.
If you think that you are ready to make the most of your potential with Cash Generator, contact us today.
