PayMore was recently featured in Forbes for its rapid expansion and growing presence in the electronics resale industry.
In the article, Forbes highlights PayMore’s milestone 100th store opening, along with the brand’s significant franchise growth. At the time of publication, PayMore had increased its store count by 500% over two years, with hundreds of additional locations in development across the U.S. and internationally.
The feature also explores what makes the PayMore model different: a modern brick-and-mortar experience powered by proprietary technology, data and e-commerce.
For franchise owners, that combination is designed to create a streamlined retail model with a relatively small footprint and lean staffing requirements.
One PayMore franchisee featured in the article, Randy Griesbach, had already opened two locations and was preparing to open his third. He pointed to the model’s “low employee count” and “simplicity of the systems” as important factors in his decision to invest.
A Growing Franchise in a Growing Resale Market
As consumers increasingly look for convenient ways to buy, sell and trade pre-owned electronics, PayMore is building a national retail network designed specifically around that demand.
The Forbes feature offers an inside look at PayMore’s growth, franchise model and the strategy behind its expansion.