Paymore is a rapidly growing retail franchise specializing in the sale of pre-owned consumer electronics, including smartphones, tablets, laptops, and gaming devices. Founded in 2018 in Houston, Texas, Paymore has quickly established itself as a leader in the secondary electronics market.
The company is headquartered in Houston, where it operates its central offices and supports its franchise network.
The franchise began its expansion into franchising in early 2021, aiming to provide opportunities for entrepreneurs to tap into the burgeoning market of refurbished electronics.
Paymore differentiates itself from competitors by offering a unique business model that combines a customer-centric approach with a robust, proprietary system for buying and selling pre-owned devices. Their focus on high-quality refurbishing processes and a comprehensive warranty for all products sold helps to build customer trust and loyalty.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
KEY FRANCHISE STATS
All you need to know about this franchise
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PayMore
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Electronics
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Paymore provides comprehensive training for its franchisees to ensure they are well-prepared to operate a successful store. The training program typically includes:
Paymore offers territory protection to its franchisees. Each franchisee is granted an exclusive territory, which helps to ensure that no other Paymore locations will open within the same area, allowing franchisees to maximize their market potential without direct competition from other franchisees of the same brand.
This territorial exclusivity supports franchisees in building a strong customer base and achieving long-term business success.
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