Cash Converters Southern Africa (Pty) Ltd - Franchise Association South Africa
Organisation: Cash Converters Southern Africa (Pty) Ltd - Franchise Association South Africa
Franchise category: Retail Speciality
Products / services: Retail Speciality
Startup cost: 2.6 million (including VAT)
Franchise fee: R172,500.00
Estimated investment: R4.5 million (including VAT)
Working capital: R1,715,245
Territory: Eastern Cape
Training:
We recognise the significance of the investment involved, which is why we provide high level of support and infrastructure. After all, your success is our success.
Our goal is to guide new franchisees toward maximum profitability as quickly as possible, and to achieve this, we’ve established one of the industry’s most comprehensive training programmes. Our initial two-month training course includes in-store experience, supplemented with state-of-the-art e-learning, as well as classroom training provided by our executive team.
In addition to this initial on-boarding, all franchisees have access to our highly skilled team of specialists, who provide on-going support and the knowledge, tools, and experience necessary to run a profitable business. Our in-field experts – including regional operations managers, operations support staff, and store development managers – are available to assist you with day-to-day activities. Furthermore, our Head Office is staffed with dedicated professionals in accounting, marketing, IT, store design, and customer care.
In addition, True Accounting is an independent business established to provide our franchisees a comprehensive accounting solution. This includes everything from establishing a new company and ensuring legal compliance to monthly management accounts, and the interpretation of these.
Eligibility:
The traits of a successful franchisee
If the glove fits, wear it. An owner-operator of a Cash Converters store must possess specific qualities. If you identify with these traits, it could be a perfect match. Here’s what we look for in a franchisee:
A deep desire to be an owner-operator: You should want to build and run your very own franchise operation.
Align with the Cash Converters values: You should embody professionalism, passion, respect, integrity and collaboration.
Previous business experience: Have you run your own or someone else’s business?
Buckets of energy: Cash Converters stores thrive on the enthusiasm of energetic individuals.
People skills: Ultimately, the focus is on people – your customers, suppliers, and staff – rather than just the products.
Initiative and motivation: Show a proactive attitude and drive to succeed.
FASA membership: Accredited Member
Information verification
Information requires confirmation
Information from FASA should be confirmed directly with the franchisor.