PayMore Stores is poised to bolster its US footprint with a major expansion throughout 2025.
The buy-sell-trade electronics franchise is set to add 90 new locations this year, furthering its growth with over 300 locations currently in development.
The company is rapidly targeting key markets such as San Diego, Orange County, South Carolina, Austin, Orlando, Los Angeles, Houston, Phoenix, and Dallas.
In January 2025, PayMore sealed four new franchise agreements, bringing nearly 30 additional units into its development pipeline.
“Our mission at PayMore has always been to redefine the second-hand industry while minimizing electronic waste,” said Stephen Preuss, CEO and co-founder of PayMore.
“Seeing our growth accelerate at this pace is a testament to both the demand for sustainable tech solutions and the strength of our franchise model. We’re excited to continue expanding into new markets and working with passionate franchisees who share our vision.”
Recent franchise agreements are set to expand PayMore’s presence in both the South and East Coast.
The Integritty Group, a seasoned franchise operator with nearly 50 units under its belt, including brands like Qdoba and Dave’s Hot Chicken, has committed to opening 14 PayMore stores across Delaware, New Jersey, New York, and Pennsylvania.
Meanwhile, franchisees Travis Bolster, John Gordon, and Clay Koenig, known for their Smoothie King operations, have confirmed a nine-unit deal that spans Louisiana and Mississippi.
In addition, a six-unit agreement in Maryland aims to solidify PayMore’s presence in the Mid-Atlantic region.
“We were drawn to PayMore for its efficient operations and minimal staffing requirements,” Pranav Desai, senior executive at the Integritty Group, added.
“Unlike restaurants that need 40 to 60 employees, PayMore can operate with just two to four, making it easier to scale and stay profitable. It offers a simple, scalable, and financially rewarding business model without needing to reinvent the wheel.”
PayMore has traded nearly 1.5 million devices since it was established in 2011 and now operates 75 locations worldwide, with more than 50 in the US.
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