fbpx
Episode #17 of Smart Franchising Now Live: Watch The New Episode Featuring John Hamburger.

Why Franchise with Us

You may ask yourself, “Why should I franchise with Fransmart?” We give you the tools, the tactics, and a strong portfolio of brands when making your franchise investment.

How to Buy a Franchise

Fransmart’s proven 10 Steps to Franchise Ownership is the perfect how to guide for entrepreneurs looking to build wealth through franchising.

Franchise Investor Case Studies

Fransmart has decades of experience in pairing experienced franchisees and qualified entrepreneurs with successful franchise brands.

Coming soon

Become a Franchise Owner

Our portfolio of brands with leading concepts ripe for expansion and best-in-class unit economics.

Franchise Your Business

We are the global leader in franchise development and grow global brands better than any other franchise firm. Learn how to become one of our brands.

Capital Investments

We love investing in early stage brands! We are smart, strategic investors and are always looking for emerging, early stage brands to invest in.

Franchisee Resources

Want To Learn More About Franchising? Learn From The Experts At Fransmart. There’s no better collection of franchise resources and experts.

Apply to Franchise Your Business

We help our brands develop practical franchise development expansion plans with measurable results.

See All Franchise Opportunities

Our portfolio of brands with leading concepts ripe for expansion. Our brands have best-in-class unit economics and a large runway for growth.

About Us

We are proud to work with authentic brands who make people happy. We accelerate the growth of the brands that put smiles on people’s faces.

Services

With decades of franchising experience, our team of franchising experts excels at giving emerging brands the tools to become a profitable franchise.

Contact

Whether you’re playing the field or already have one of our brands in mind, we are ready to put you on the right path to building franchise wealth.

Our Blog

Want To Learn More About Franchising? Learn From The Experts At Fransmart. There’s no better collection of franchise resources and experts.

Videos

Smart Franchising with Fransmart Video series, where you can get the latest in our thought leadership on all franchise-related topics.

Podcast

Dan Rowe, the founder and CEO of Fransmart, has grown brands to more than 100 locations. No one knows more about franchise growth than him.

See All Franchise Opportunities

Our portfolio of brands with leading concepts ripe for expansion. Our brands have best-in-class unit economics and a large runway for growth.

PayMore Increased Revenue in 2020, Why and How?

May 28, 2021

Faizan and Adila Kahn photo on a grey background and white text and purple button that says GLO30

In 2020 PayMore of Cary, North Carolina was deemed an essential business.  Were they considered health care, an internet provider or a food supply chain distributor? No.  They were able to help keep our economy afloat by providing products to help people work from home.  Major big box stores were rapidly selling out of basic items for this working shift.  When monitors, computers, iPads were scarce, PayMore was able to offer their slightly used products to hard workers who needed to adjust quickly to the changing work style.

“All stores sold out of everything. Our location in particular, we were still growing, and people were still finding out about us, so we were like a diamond in the ruff.  People were able to buy from us, both newer equipment plus some older equipment…We noticed a spike in demand,” said Nicholas Facchiano, franchisee of PayMore.

This massive influx of demand for PayMore products, brought priceless marketing value and street awareness.

“We generated new customers who are still coming here from that time, both to buy and sell which worked out in our favor. It helped create awareness about the brand that people could find the products they needed to work from home or who are doing school from home.”   Our phone was blowing up every day…because people were looking for something they couldn’t get anywhere,” said Facchiano.

When people were still reluctant to go into a brick-and-mortar store, PayMore was able to also sell their products on their website. “Our online sales were going crazy. Selling out of everything.  Gaming, building custom computers was another request we got a lot, people looking for specific computer parts.”

That sheds light on a trend that cannot go unnoticed, the rise of gaming and esports.  PayMore offers this audience great deals on some typically expensive products.

“In the initial months after the lockdown, Twitch, the video game streaming platform, posted a huge increase in viewership. Last May, The Verge reported that Twitch’s viewership was up, with hours watched growing 50 percent from March to April and a 120 percent increase in viewership year-over-year. As of May, the platform was up to 1.645 billion hours per month,” according to NBC News.

 

With the increase demand for slightly used parts/consoles/games/monitors/laptops, PayMore has found a niche with very limited competition.

 

-Peter Hall, Marketing Manager for Fransmart.

 

 

Your Franchise Journey Starts Here

Whether you’re just starting out or already know the right brand for you – you’ve come to the right place. Fransmart helps franchisees use the power of compounded returns to own and operate multiple franchise locations throughout your desired market to grow franchise wealth.