America’s fastest growing electronics resale franchise continues to attract restaurant franchisees as national growth continues
Underscoring its explosive growth, PayMore has inked a multi-unit franchise deal with former Dominos owner to bring the buy, sell, and trade electronics retailer to several new markets throughout Texas and Ohio.
At the helm of the 10-unit deal is experienced franchisee Glen Stroud. With more than 37 years of franchise experience, including owning and operating 45 Dominos locations in seven states and currently owns multiple Rock N’ Roll Sushi’s – Glen was drawn to PayMore’s quick-turn build out and onboard, streamlined business model, favorable unit economics, and innovative tech-driven business model. Glen’s franchising expertise will drive the quick and efficient growth of his PayMore units, already having an experienced operating partner Eric Potterton to manage and expand his Ohio locations.
“Anyone with a restaurant franchise looking to diversify their portfolio should take a look at PayMore,” said Glen Stroud. “PayMore’s business model allows owners to operate locations in different markets, making it the perfect brand to grow alongside my other businesses. I was excited to get in at the ground level of this rapidly growing franchise and help introduce the concept to new markets.”
Stroud is just one of many restaurant franchisees flocking to PayMore for an easy-to operate, low labor business model with none of the challenges of restaurant.
“Glen is an ideal owner and operator given his extensive experience in franchising” said Stephen R. Preuss, PayMore CEO. “We’re thrilled to have him grow our franchise in new markets.”
Working in partnership with Fransmart, the global leader in franchise development, PayMore saw its biggest year of growth in 2022, tripling its national footprint by the end of the year. PayMore provides franchisees with many owner advantages, including:
- A combination of strong unit economics, low start-up costs, and low operating costs
- The ability to capture customers in all stages of the buying cycle by giving them the option to trade in older models, shop for new releases, or purchase a lightly used upgrade.
- A sustainable business model that thrives in all economic conditions.
- No brick-and-mortar competitors in the buy & sell electronics space.
- A global e-commerce network that produces multiple revenue streams for owners.
- Franchisees enjoy an exceptional quality of life with generally store hours being from 10 a.m. to 6 p.m. and closed on Sundays
Meeting the consumer demand for electronics resale, PayMore is both an e-commerce and brick and mortar electronics resale shop offering consumers the ability to buy, sell and trade late generation smartphones, gaming systems, tablets, and other tech gadgets.
Beyond PayMore’s integrated, proprietary inventory platform, the brand continues to disrupt the retail industry with its commitment to tech and innovation. PayMore was recently named to FranServe’s 2022 FRAN-TASTIC 500 brands. This award recognizes brands that go beyond the norm by helping people fulfill their dreams of business ownership through franchising.
PayMore is actively seeking franchisees for other prime territories nationwide. For more information on becoming a PayMore franchisee, please visit https://fransmart.com/paymore