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 66 stores pan-Southern Africa and we are expanding. 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.
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 Converters stores are bright and modern where customers can buy and sell quality second-hand household goods in a cheerful, modern retail environment. Unlike your traditional dark, dingy second-hand shop, a Cash Converters store is well-lit, and a welcoming environment to shop in. Attractive and well situated amongst more traditional retailers, the merchandising display is exciting and the trading style unique.
Cash Converters' unique merchandise formula and trading style was developed and strengthened through experience as retailers in pre-owned goods, from November 1984 through to June 1988 with the establishment of seven outlets in the Perth (Australia) Metropolitan area and with seven working partners each holding equity in their respective stores.
Mindful of the need at that time for the creation and implementation of a uniform retail entity for Cash Converters, Advertising Agents were commissioned to develop a strong marketing and trading image.
Franchising of Cash Converters commenced in June 1988 with the opening of two franchised retail stores in the Perth Metropolitan area.
Due to the enormous success of these two stores, a further 12 franchised stores were added the following year and have since been complemented by a regional network of franchised stores in the region of Western Australia.
With a total of 23 metropolitan and three country stores in Western Australia together with the extension of the franchise chain to other states, Cash Converters now operates over 135 stores across Australia.