PayMore Franchise Review
PayMore is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our analysts!
Franchise FactsPayMore is a retail store that buys new and used consumer electronics from the general public and resells the electronics to various online purchasers and electronics recyclers that are recommender by the franchisor.
How much does a PayMore franchise cost?PayMore has a franchise fee of up to $30,000, with a total initial investment range of $152,050 to $267,450.
- Initial Franchise Fee: $30,000
- Total Investment: $152,050 to $267,450
- Working Capital: $50,000 to $75,000
- Royalty Fee: 4.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a PayMore franchise make?Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?As of the 2020 Franchise Disclosure Document, there are 1 franchised PayMore locations in the USA.
Are there any PayMore franchise opportunities near me?Based on 2020 FDD data, PayMore has franchise locations in 1 states. The largest region is the South with 1 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2020
PayMore Franchise Stats
$152,050 - $267,450
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 84 hours. This includes 41 hours of classroom training and 43 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.