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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

PayMore

PayMore

PayMore operates retail stores that purchase used and broken consumer electronics from consumers and businesses, then resell them to consumers and businesses through in-store sales and online channels. The franchise utilizes a proprietary system including distinctive signage, operational standards, training, and proprietary marks to ensure uniformity and quality. The target market includes both individual consumers and businesses looking to buy or sell electronics.

99locations
$139K–$269K
Since 2020
RetailRaleigh, NCwww.paymore.comDisclaimer

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Franchise Costs

Franchise Fee
$35,000
Initial Investment
$138,750 – $268,500
Royalty Rate
5.00%
Brand Fund
1.00%
Fixed Monthly Fees
$315 – $840

Greater of 5% royalty or $1,000/mo + 1% Worldwide Creative Marketing fund + 1% Technology Fee + $300-700/mo software + $15-40/mo music + up to $100/mo mystery shops

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$998,719.24
Median Gross Revenue
$914,145.14

Data Based On: Data for 48 Franchise-Operated Locations during the 2025 calendar year.

Extracted Item 19 Section

Avg. Revenue: $998,719

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How PayMore Compares

Key Insights

  • Higher investment than 75% of Business Services franchises
  • Higher than average SBA loan default rate in Business Services
FranchiseInvestmentFeeRoyaltyLocations
PayMore
Current
$139K – $269K$35K5.0%99
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
AMERICAN POOLPLAYER'S ASSOCIATION INC$15K – $23K$10K20.0%3,562
RE/MAX$37K – $337K$35K1.0%2,994
JACKSON HEWITT TAX SERVICE$71K – $105K$25K15.0%2,744
Business Services Average
200 franchises
$120K – $289K$46K10.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 200 Business Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1TX
11
2NC
7
3CA
7
4GA
7
5TN
6
6FL
6
7UT
5
8OH
4
9NY
4
10SC
4
11VA
4
12MD
4
13WI
3
14MI
3
15PA
3

+14 more states

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SBA Loan History


Historical SBA 7(a) loan data for PayMore franchisees (20232025)

Total Loans
15
Average Loan
$256,867
Total Volume
$3.9M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

15 SBA loans on record

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Franchisee Contacts

47 franchisee contacts on file from official FDD filings.

47 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
4
Ceased Ops
0
Transfers
4
Sold to Franchisees
0
Projected New
25

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Frequently Asked Questions

The total initial investment to open a PayMore franchise ranges from $138,750 to $268,500. This includes a franchise fee of $35,000. Ongoing royalty fees are 5.0% of gross sales.