Cash Converters Celebrates Success!
posted on 21-Oct-2011
Cash Converters, the UKs number one retailer of buying and selling pre-owned goods, has celebrated the success of its franchise network at the annual company conference.
The gala dinner, held at the Barceló Hinckley Island Hotel, Leicestershire, recognised the hard work and dedication of Cash Converters’ franchisees from more than 200 stores in the UK.
David Patrick, chief executive of Cash Converters places a huge importance on the people behind the international brand. David said: “We are a customer service business and people are at the heart of everything we do. Our franchisees deliver excellent results month after month, year after year, and have been instrumental in helping us reach our 200th store opening earlier this year.
“Our annual conference recognises the dedication and hard work put in by our franchisees and their teams. The two day event involves a series of hands on workshops and networking opportunities and culminates with the prestigious awards ceremony.”
Cash Converters has seen double figure percentage increases for the last eight years, and a noticeable acceleration in growth during the last three years. David continued: “Our sharp looking stores, modern retailing practices, professional management techniques and high ethical standards which are present in all Cash Converters stores set us apart from the competition and ensure that we remain number one in the UK. Our franchisees ensure that these standards are maintained and the growth of the business is a credit to their commitment and belief in the brand.”
Among the winners this year were franchisees, Kevin O’Sullivan and Shneen and Mike Stevenson who won store of the year for Cash Converters Plymouth. Carl Murray, who as managing director of Capital Cash owns 27 stores, was chosen by his peers as the winner of the prestigious Franchisees’ Franchisee of the Year award. Brian Stephenson and Sue Hodgkinson scooped the award for New Store of the Year after delivering great results over their first year of trading.
The conference also featured a trade exhibition and presentations from Cash Converters’ managing director, Peter Cumins and David Patrick who spoke about the company’s strong end to the 2010/2011 financial year and its anticipated continued success and growth next year, with the aim of reaching 250 stores by mid 2012.
David concluded: “It was great to welcome a number of new franchisees to this year’s annual conference, as we expand our network we are recruiting new, ambitious franchisees across the UK as well as witnessing experienced franchisee store growth. This is a very exciting time to be involved with the company, we have a motivated company ethos with a strong global vision. People from all walks of life are recognising the benefits of the wide range of services on offer including, pawnbroking, spread the cost, buys, buybacks and selling helping us to retain our number one position.”
