About Us

Cash Recycle was founded as a family business by Michael Grimes Sr and today the company is now run by his sons Danny and Michael Jr. Since opening its first shop in Bournemouth in 1994, the company has since expanded to include successful stores in Poole, Southampton and the Isle of Wight.

We have many loyal staff that have been serving the people of Dorset and Hampshire with excellent customer service with extensive product knowledge for many years. We pride ourselves on the knowledge we have learned over many years to make the business a success and this has led us into other successful ventures.

The Opportunity

The pawnbroking industry has expanded steadily in the UK since the early 1990s. Recent years have seen an increase in the use of pawnbroking services by customers from all walks of life.

There are several reasons behind the increase in demand. Getting a loan from a pawnbroker is quick and convenient – there are no lengthy forms to fill in and no waiting period for approval. People who are paid monthly can get a short-term loan to tide them over until pay-day if they need extra cash. Using a pawnbroker is also an attractive option for people who can’t get credit with a bank or building society or who don’t have a bank account. It’s estimated that around eight million people in the UK are in this position.

Like most companies who Franchise we hope to build a successful, nationwide, chain of Pawnbrokers building relationships with Franchisees and helping them run a successful business with what we have learned over many years.

The lasting economic impact of the coronavirus outbreak is expected to continue to suppress household disposable incomes, making the need for our services greater than ever.

We have many loyal staff that have been serving the people of Dorset and Hampshire with excellent customer service with extensive
product knowledge for many years.

We pride ourselves on the knowledge we have learned over many years to make the business a success and this has led us into other successful ventures.

Investment

*Whilst there is no financial help available for the franchise fee or set up costs, financial help will be available to finance the loans which may reduce the total investment costs.

The Next Steps

If you would like to learn more about this exciting Cash Recycle franchise opportunity, click below to receive further information