Retailer moves into the Midwest with multi-unit deal in Wisconsin
May 04, 2022 // Franchising.com // MILWAUKEE – PayMore continues expanding into Wisconsin.
New Wisconsin Franchisee Tim VenHaus was a seasoned multi-unit uBreakiFix operator whose first-hand franchising experience has equipped him with the necessary skillset to understand growth and development in the technology and retail space. VenHaus was drawn to PayMore due to the steady-climbing demand for an efficient, sustainable retail service that allows customers to recycle old devices and buy gently used electronics as the costs of new technology skyrockets. He plans to open multiple PayMore locations in the Milwaukee area, with the first slated for West Allis.
Founded in 2011, PayMore is a brick-and-mortar franchise in a unique industry that combines e-commerce with electronics sales and trade-ins. From smartphones and gaming systems to computers and tech gadgets, electronics sales are one of the hottest markets with high customer retention rates, growing margins and low overhead. Each PayMore location receives dedicated support for its upscale spin on retail resale, delivering clean stores filled with high-quality merchandise.
“Tim is the perfect franchisee to be planting PayMore’s roots in the Midwest,” said Erik Helgesen, president of PayMore. “I am confident that his experience in franchising technology concepts will be a great asset in growing the demand for our advanced proprietary technology in a new area and maintaining PayMore’s presence ahead of the industry curve.”