Cash Converters vs Hock Shop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cash Converters vs Hock Shop including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

Cash Converters Franchise
Hock Shop Franchise
Investment $160,000 - $300,000$165,000
Franchise Fee $50,000$25,000 - $50,000
Royalty Fee --
Advertising Fee --
Year Founded 19951983
Year Franchised -1993
Term Of Agreement --
Term Of Agreement --
Renewal Fee --

Business Experience Requirements

Cash Converters Franchise
Hock Shop Franchise
Experience --

Financing Options

Cash Converters Franchise
Hock Shop Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

Cash Converters Franchise
Hock Shop Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

Cash Converters Franchise
Hock Shop Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Cash Converters

Cash Converters is a unique and exciting international retail concept. What began in Perth Australia in 1984 is today a dynamic international franchise group with over 500 stores worldwide. Cash Converters specializes in the buying and selling of quality second-hand goods - jewelry, TVs, stereos, tools, electrical goods, etc. Bright, well-merchandised stores with trained, uniformed staff service the customers who receive cash for their goods when they sell and a 30-day warranty on products when they buy. People have been trading goods for hundreds and hundreds of years. The primal instinct to exchange one thing for something else probably pre-dates written history. It's an instinct that drives bargain hunters to garage sales and auction lovers to on-line sites.
The desire to strike a deal, to barter or to think you have obtained something for virtually nothing is the reason Cash Converters came into existence.

About Hock Shop

Demand for quality used products escalates as Canadian consumers demand greater purchasing value and embrace recycling. This key marketing advantage is unaffected by the economy. Cash services through PayDay advance and cheque cashing add to the bottom line. We truly are the "garage sale with a guarantee" - the Evolution of Retail.

We are pleased to announce that customers who are in the local area can now shop and pay for their items online and select the option to pick up at your local store using curb side pickup.

You can now request an invoice be emailed to you. Simply call the store and let us know what you would like to pick up. An email link will take you to our secure website for payment. Payment can be made by credit or debit credit cards.

We can now invoice you for loan payments, retail sales & layaways. Items can be picked up curb side, or shipped to your door - please call the store once payment is made. We will be happy to load your items into your vehicle.