Situated in central Fuengirola being close to a large residential…
Marbella, Málaga, Spain
Investment Opportunity, Leasehold , Rental
This is an exciting new franchise opportunity based on very successful format in The UK.
Cash Creator was started in Estepona on The Costa del Sol in Spain in 2013 by the same people that had the Cash Converters master franchise in the UK and successfully franchised 150 stores.
In addition to buying and selling second hand items Cash Creator also loan money against personal possessions of all sizes and values. They offer a buy back option with a monthly interest payment. If the item is not bought back after an agreed period it is then displayed or marketed for sale.
Having proven itself in Estepona, the owners have decided to franchise the business in Spain and have already sold the first franchise. They are now looking to offer franchises elsewhere on the Costa del Sol, in particular, Marbella, Fuengirola, Benalmadena and Torremolinos.
Buying a franchise is an excellent way to start a new business, it provides a large corporate image, with the benefit of local and national advertising, bespoke software systems, staff uniforms, access to a corporate website and a firm grounding in dealing with customers as well as support and backup whenever required.
Full training will be given and stock and equipment will be provided so the new shop will open for trading as from day one.
There is an upfront fee of 10.000€ payable for a ten year renewable tenure, and 5% of sale incomes are payable. There is also an agency admin fee of 1750€. In total the franchisee will need approximately 100.000€ to setup the business.
The franchisee in conjunction with the franchisor would need to source a suitable premises with a minimum of 150 square metres and easy parking in a highly visible position and re-brand using the franchisor´s graphics and logos. Assistance in finding a premises, refurbishment and internal fittings would be available. All necessary training and manuals are included.
Contact Fiesta Property for more information