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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.
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Franchise Costs
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
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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Unlock financial performance dataHow PayMore Compares
Key Insights
- Higher investment than 75% of Business Services franchises
- Higher than average SBA loan default rate in Business Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
PayMore Current | $139K – $269K | $35K | 5.0% | 99 |
| Bimbo Foods Bakeries Distribution, LLC | $14K – $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K – $609K | $30K | 5.0% | 4,500 |
| AMERICAN POOLPLAYER'S ASSOCIATION INC | $15K – $23K | $10K | 20.0% | 3,562 |
| RE/MAX | $37K – $337K | $35K | 1.0% | 2,994 |
| JACKSON HEWITT TAX SERVICE | $71K – $105K | $25K | 15.0% | 2,744 |
Business Services Average 200 franchises | $120K – $289K | $46K | 10.2% | – |
* 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
+14 more states
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Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for PayMore franchisees (2023 – 2025)
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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Unlock SBA loan historyFranchisee Contacts
47 franchisee contacts on file from official FDD filings.
47 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently 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.
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