Frequently Asked Questions

How does the Cash4Gold Franchise work?
You choose the way you want to approach the public with your gold buying business (we train you in all the possible routes). You market your business (we teach you how). You buy gold (we tell you what to buy and what to avoid). You sell your gold (we tell you before you’ve bought your gold, the price we will pay for it). You make a great living!
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Why would we choose Cash4Gold over any other franchise?

To our knowledge, there are no other companies able to give you access to the gold buying market as a franchisee. We are unique! As a franchise, we think we have a product that is close to the perfect model – you are not a seller, you are a buyer. Your cash flow is as rapid as any you are likely to encounter. You don’t have to buy stock, you don’t have to employ people, you don’t have to purchase premises, you don’t have high start up costs and you can start earning quickly. When you want to sell your gold, unlike most franchises, you have a guaranteed customer, every single time!

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What is the earnings potential of a Cash4Gold franchise?

Six figure salaries are easily within reach for motivated, hard working franchisees.

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What on-going costs are there?

None.


 

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How much unwanted gold is out there?
With 649 million articles of jewellery hallmarked between 1973 and 2008, there is a massive amount of gold product out there to buy. Add in to this all the gold bought abroad and all the gold older than 1973, the amount of potential scrap is incredible. The stock of scrap gold continues to expand with every passing fashion trend, every passing generation and every change in personal circumstances. For example, it’s a sad but true fact that every marriage break down has the potential to add two wedding bands into the scrap market!
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How quickly could we get started with a franchise?

We are bound by law to give you a 10 day period between the time we present you with our franchise agreement until we sign you up to enable you to have the agreement scrutinised by a solicitor.

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How frequently do you run training courses?

We run training courses as frequently as we take on franchisees. A course is for 10 delegates which means that we can run courses every few days if necessary. We won’t keep you waiting for a course for more than 4 weeks.

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I’ve never run my own business. Can you help?

Yes. Our training course covers every topic you will need to know about as you start up in business. We use a professional training and development consultancy to deliver our training and support you through your career with Cash4Gold Franchise.

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Would I have to work 9-5pm?

You can work the hours you choose, as dictated by your choice of buying strategy. Those opting to hold gold parties for example, would typically work evenings with the potential to include weekend nights. Franchisees choosing to work on shopping centre kiosks working hours would be dictated by the centre’s opening hours. Like any other business, success goes hand in hand with hard work but your turn over should easily allow the recruitment of staff to assist you.

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What if I can’t find a shopping centre near me to open a kiosk

The training you receive as a Cash4Gold franchisee equips you for 6 different buying strategies. If shopping centres are not an option for you, you have a further 5 strategies to consider in addition to where your own imagination and preferences would take you.

If you'd prefer, you can buy our Premium Package for £14,995 + VAT which includes a site.  We will allocate one to you from one of our retail partners or from a site search conducted by us.  We have sites available all around the UK.

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How long does a franchise last?

The initial term is for 5 years, renewable for a further 5 years.

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Can I open additional branches?

Yes, there is a fee for additional branches to cover the provision of all the kit you will need for the branch. Staff training is the responsibility of the franchisee.

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How much is a franchise?

A Cash4Gold Franchise costs £9995.00 + VAT.  We recommend you have an additional £5000 minimum at hand to get your business started.  You will need the extra cash to spend on marketing, advertising and buying gold.

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How do I apply for a franchise?

Fill out the enquiry form opposite.

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