PayMore signs multi-unit franchise deal

PayMore signs multi-unit franchise deal

Get-promote-trade electronics retailer PayMore has signed a five-unit franchise deal for the Washington D.C. metro spot.

The first place will open up in Reston, Virginia this fall, in accordance to a press release, and comes on the heels of various other franchise agreements for New York, Texas, North Carolina, Pennsylvania and Wisconsin.

Partner and wife franchisees Dan and Lindsay Lowe have substantial franchise encounter with a master franchise arrangement with Firehouse Subs, running 36 destinations in the Washington D.C./Baltimore space for additional than 26 many years. Prior to that, Dan Lowe was a Domino’s franchisee in Orlando.

“We have been seeking to get in on the floor ground of the next significant franchise prospect and immediately after reviewing PayMore’s outstanding device economics and powerful Merchandise 19, we understood it was the ideal expenditure for us at this time,” Dan Lowe mentioned in the release.

While Lowe signed a five-retail store deal, his intention is to develop a lot more than 10 retailers in the D.C. metro industry in excess of time.

“The Lowes are the excellent franchise associates for PayMore,” Erik Helgesen, president of PayMore, mentioned in the launch. “With their practically 3 a long time of franchise expertise and solid enterprise acumen, we are assured that these PayMore operations will be remarkably profitable and very thriving.”