Cash Generator – Elgin
Looking for offers in the region of: £ 60,000
Turnover: £ 275,000
Cash Generator in Elgin was established in 2012 as part of a larger portfolio. Since taking over the current franchisee has improved the business, and is now looking to sell in order to move away from the area and pursue new ventures.
The potential for growth is excellent. An incoming franchisee can utilise currently unexplored marketing channels as well as increasing the online marketplace to increase profits. The Buybacks, 28-day Cancellation fees and general retail sales are the main income for the business, however, there are nine possible revenue streams.
With a current turnover in excess of £275,000 this business is well established and has the potential to be an excellent investment. A driven and dedicated franchisee can continue to build on the improvement the current owner has made to take this business to the next level.
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 Cash Generator 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.
Selling a Franchise Ltd,
Highlands House, 165 The Broadway,
Wimbledon, London SW19 1NE
Tel. 020 3876 3906
Registered in England and Wales in 2016
Company registration number: 10144963
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