What exactly is a Cash Converters store?
We buy, we sell, we loan cash.
Cash Converters is the world’s largest and trusted specialist in the buying and selling of second hand goods and provides the fastest and easiest access to cash. Cash Converters has been in South Africa since 1994 and has over 60 stores pan-Southern Africa and we are growing. Cash Converters is the world’s largest franchised trader of second hand goods and now also offers a range of personal cash loans. We provide fast and easy cash loans for our customers, which include Cash Advance and the PayDay Advance loans, quick and easy cash when you need it most.
We are the world’s leading cash and asset converter for the fastest and easiest access to cash.
Find your local store and come in to visit us, to buy, to sell and to get an instant cash loan.
Cash Converters stores consist of a “Buy shop” where customers sell their goods and a retail store where customers can buy a wide variety of second hand goods. Cash Converter stores are bright and modern where customers can buy and sell quality second hand household goods in a cheerful, up-to-the-minute retail environment. Unlike your traditional dark, dingy second hand shop, a Cash Converters store is well-lit, and welcoming environment to shop in. Attractive and well situated amongst more traditional retailers, the merchandising display is exciting and the trading style unique.
What is Cash Converters?
Launched in Perth, Australia in 1984, Cash Converters has grown to become the world’s largest international retail chain specialising in the buying and selling of second hand goods. Cash Converters has over 700 stores operating internationally over four continents, in 21 countries globally.
Cash Converters stores are upmarket, well-located, modern retail outlets servicing a much needed niche in the marketplace. Our buyers purchase quality second hand merchandise from customers in their respective communities and then sell on at prices everyone can afford.
Cash Converters has changed consumer perceptions of its industry by the systematic application of modern retailing practices, professional management techniques and high ethical standards. We have successfully overcome the misconceptions of the traditional second-hand dealer.
- To continue to be recognised as a world leader in the trading and marketing of second hand goods.
- To provide exciting, viable, innovative business opportunities to people from all walks of life with sufficient financial resources, ability and commitment to succeed.
- To earn the respect and support of the whole community through our integrity and by the manner in which we conduct our business.
- To maximise returns to franchised operators annually, by commitment, leadership, innovation and support of our management team.
- To significantly increase the market presence of Cash Converters both nationally and internationally
Cash Converters Southern Africa
Cash Converters Southern Africa, started operating in October 1994 with a pilot site in Parow, Cape Town. Franchising began in late 1995 and from humble beginnings the group turnover exceeded R250 million for the year 2009 becoming the fourth largest territory internationally. Cash Converters Southern Africa has sold over 60 franchises, and currently have stores located in the Eastern Cape, Gauteng, KwaZulu Natal, Mpumulanga, North West, Namibia and the Western Cape.
The second hand consumer goods industry is fast coming of age in Southern Africa and Cash Converters is leading this trend in retailing. Research has shown a higher proportion of South Africans shopping at second hand stores, as well as a marked increase in a positive consumer experience of the industry. This has been true across the South African economic spectrum. Cash Converters Southern Africa has gone a long way towards achieving these objectives. There is a marked increase in the consumer ability to differentiate between second hand retail stores, as opposed to pawnshops or other outlets.