Cash Converters is a trusted South African brand that offers prospective franchise owners an unrivalled opportunity to generate huge returns.This is thanks to Cash Converters’ flexible business model, which comprises several service categories that franchise owners can implement in addition to the core second-hand store offering, based on the needs of their customer base.
The company realised that its core customer base consists of people looking for a quick cash injection, and decided to offer short-term lending products that deliver the same outcome in a different way. Cash Converters is also in the process of realigning its short-term lending products with the latest market trends – proof that the company is always evolving to meet market demands.The constantly-evolving nature of Cash Converters is further enhanced by its all-year-round business model.
For example: A coffee shop franchise may generate less revenue during summer, as there will be lower demand for hot drinks. This is not the case for Cash Converters, as its range of services isn’t impacted by seasonality.