Cash Converters vs Renaissance Fine Consignment Franchise Comparison

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

Start-Up Costs and Fees

 
Cash Converters Franchise
Renaissance Fine Consignment Franchise
Investment $160,000 - $300,000$86,175 - $227,000
Franchise Fee $50,000$30,000
Royalty Fee -4%
Advertising Fee --
Year Founded 19951997
Year Franchised -2010
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Cash Converters Franchise
Renaissance Fine Consignment Franchise
Experience -Renaissance Consignment is seeking individual franchise partners throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Love working with Retail and Fashion *Minimum financial net worth of $75,000

Financing Options

 
Cash Converters Franchise
Renaissance Fine Consignment Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Cash Converters Franchise
Renaissance Fine Consignment Franchise
Training --
Support -Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution
Marketing --
Operations --

Expansion Plans

 
Cash Converters Franchise
Renaissance Fine Consignment 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 Renaissance Fine Consignment

Renaissance is using a business model based on over 13 years of operational experience in the high-end consignment field. With the Renaissance Fine Consignment franchise you can build a very successful business using our expertise and knowledge in this industry.Renaissance Fine Consignment is an industry innovator for retail consignment. The Renaissance Fine Consignment business model combines the best of all worlds, an exciting and fun retail business model, no need to worry about expensive inventory and high investment costs, Renaissance has designed the PERFECT retail business model. By using the specific consigning process and pricing strategies, as a Renaissance Fine Consignment team member, you will not need to invest in inventory and expensive trends...the consigners help you manage what will sell and what you should carry. To be every shopper's favorite place to buy high end clothing and retail items and provide a truly enlightening shopping experience, Renaissance Fine Consignment chooses only the best people to be Renaissance Fine Consignment franchisees. Our franchise partners are committed to delivering the highest quality products to customers in the most exciting retail environment possible. Renaissance is setting a new standard of customer experience and expectations for the Consignment Industry. From the quality of the items we offer customers to the care that our staff provides customers who visit the locations, our Renaissance Fine Consignment franchise partners will proudly strive to deliver a great customer experience in every location across America, every time.
The Renaissance Fine Consignment corporate team is dedicated to ensuring the success of the Renaissance Fine Consignment franchisees so Renaissance Fine Consignment can become every shopper's favorite place to visit. The Renaissance Fine Consignment corporate team has a variety of backgrounds, including operations, real estate, marketing, public relations, human resources, purchasing and information technology. The Renaissance Fine Consignment team specializes in helping Renaissance Fine Consignment franchisees during pre-opening, grand opening and provides on-going support.
Renaissance Fine Consignment succeeds if our franchisees succeed, and we are committed to your success! The Renaissance Fine Consignment franchise team will provide you with the systems, resources and support you need to operate your business successfully.