About PayMore Group Franchise
PayMore Group LLC offers a compelling franchise opportunity for entrepreneurs to operate "PayMore Stores," specialized retail locations focused on consumer electronics.
Franchisees engage in the day-to-day operations of buying used and broken electronics from both individual consumers and businesses.
These items are then meticulously prepared and resold to a broad customer base through both in-store and online channels, tapping into the robust market for pre-owned devices.
PayMore Group Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $30,000 to $35,000 | One-time payment upon signing |
| Royalty Fee | 5% of Payable on the of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Sales | National brand fund |
| Total Investment Range | $131,750 – $256,500 | Includes build-out, inventory, working capital |
The investment range of $132K–$257K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Payable on the) and marketing fee (2% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Lump Sum On Signing Us Configuration Fee the Franchise Agreement Delayed Opening | $0 | $6,000 |
| As Incurred As Incurred Us Leasehold | $8,000 | $15,000 |
| Licenses and Permits | $250 | $500 |
| As Arranged As Arranged Architect, General Contractor Furnishings, Fixtures & | $20,000 | $50,000 |
| Interior and | $5,000 | $8,500 |
| Computer System/POS | $5,000 | $7,000 |
| Training Program, | $5,000 | $7,500 |
| Months | $500 | $1,000 |
| Type of Expenditure Amount Method of When Due To Whom Payment Payment is to be M | $3,000 | $5,000 |
| the Training Program Opening Electronics | $5,000 | $15,000 |
| On-Site Location | $0 | $1,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 |
| Technology Fee | 1% |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Franchisor does not offer financing. |
PayMore Group Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
PayMore Group Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
PayMore Group System Growth
PayMore Group currently operates 9 franchised locations and 54 company-owned units. Unit count data is sourced from Item 20 of the FDD.
PayMore Group Franchise — FAQ
Similar Education & Tutoring Franchises
Interested in PayMore Group?
Get free info on this franchise. We will send you a detailed FDD report by email.