Cash Converters - Pinetown

 Businesses for Sale / 73 views

R 4,000,000.00

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

R4 million

• 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

 

  • Location: Glenugie Centre, Pinetown
  • Projected Profit: TBA
  • Rent: R61,900 per month
  • Lease details: April 2022 – 31 March 2027
  • Reference no: BCB 361
Contact details

KwaZulu-Natal,Businesses for Sale billy@bcfranchising.co.za

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