Please complete the form at the footer of this page if you have a question you would like us to answer. Before then we have listed below a few of the most common questions that may help in your franchise research.
Do I have to work full time in the business?
Buying a franchise? We welcome enquiries from both people who want to devote their full attention to a CG Store and those who would like to own a number of franchised stores all run under management.
What is the set up cost of starting a CASH GENERATOR store?
An average size store would cost around £180,000 exclusive of VAT. This would include initial cash flow requirement.
How much money will I need to have readily available?
You will need £85,000+ of your own money
Where can I borrow the rest of the money?
The rest can be borrowed from one of the major lending institutions subject to status. We help you through this process.
How much money can I make?
This depends on your abilities as a business person. Good operators can do very well and weak operators as you would expect do not do as well. CASH GENERATOR provides you with the tools and support to help you make the business succeed. Ultimately though, success depends on how you, the franchisee, implement the systems and structures you learned on your training course. You must enjoy the hands-on approach necessary to learn the business.
How long does it take to start a CASH GENERATOR business?
This depends on how quickly we can find you a suitable site. As a rough guide we have found that it takes approximately four to six months to find and fit-out a property.
What is the length of term of the Franchise Agreement and is there an additional charge for renewal?
The initial agreement is for 10 years, subject to lease and other considerations. The Franchise Agreement is renewable by the franchisee at no additional charge.
What happens if I want to sell the business?
You can sell your CASH GENERATOR business just like any other asset. However, we will want to approve the incoming franchisee. We also have the right to match the highest offer that you have received and buy your business ourselves.
How many employees will I need to employ?
This depends on the size of the store and the volume of business being done. Our smallest stores employ 3 full time people and the largest have over 7.
What are the typical opening hours?
This depends on the location. Most of our stores are usually sited in secondary High Street locations. They normally open six days per week from 9am till 5:30pm, Mon-Sat. Others that are located in shopping malls and operate the hours that the mall is open.
What happens at the interview?
You will meet with our Franchise Director, Robin Page. He will carry out an interview during which both parties will get the opportunity to know each other better. Any areas of concern can be addressed in detail. We will take you to see several of our local company stores to see how we operate. Before you leave we will issue you with an identity card which will allow you to talk to and visit our existing franchise network.
Can I talk to existing franchisees?
Not only is this possible, we insist upon it! Prospective franchisees should speak with as many existing CASH GENERATOR franchisees as possible. This ensures that you can form a well balanced opinion of our operation before entering into a franchise agreement. You must be in possession of an identity card issued by Head Office before a franchisee will divulge any information about the business.
Will I be allowed to trade on the internet?
We encourage our franchisees to trade online and in fact we have our own internet trading site.
What happens next?
Once you have completed your open day and have visited a number of existing franchisees we would invite you back to Head Office to undertake an appraisal. This will consist of a discussion on a retail management case study. You will then spend a few hours working in one of our company stores. This will help us gauge your suitability to our franchise whilst at the same time allowing you to get an idea of what it would be like to work in a store environment. This appraisal day allows you to really experience what your future will be like and is highly rated by our potential franchisees as an impressive knowledge building exercise.
What sort of people have become CASH GENERATOR Franchisees?
Our franchise partners have come from many different backgrounds. The majority have had no retail experience but have satisfied us that they have the drive and energy to succeed.