Cash Converters - Pinetown
Businesses for Sale / 73 views
At Cash Converters, we give you a recipe for a recession-proof business. Our tried-and-tested business model offers multiple revenue streams. We have a 30 year proven track record of global success and 27 years locally in Southern Africa. Our three-in-one business model contains buying and selling of pre-loved goods, secured money-lending (against goods) and unsecured money-lending (against a salary).
The Pinetown store has been trading for ±25 years but it has been closed since the July looting and riots. It is at present being rebuilt. Expected opening end March 2022.
The Cash Converters fee structure:
• Total investment
• Unencumbered cash required
50% of the total investment
• Amount you can borrow
Up to a maximum of 50% of the total investment
• Loan term
Usually 5 years