Cash Generator is a well-known name on the UK high street, offering a unique proposition as a buy and sell store. With over 100 locations across the United Kingdom, this retailer provides a platform for customers to buy, sell, and even buy back a variety of goods. Let's delve into the history, operations, and corporate structure of Cash Generator to better understand its place in the retail landscape.
Founded on Valentine's Day in 1994 by British businessman Brian Lewis, Cash Generator opened its first store in Bolton, Greater Manchester. The inspiration came from the success of similar businesses in the United States. Initially named "Paragon," the company quickly rebranded to Cash Generator to better reflect its core function: generating cash for its customers.
The company's headquarters were initially located in Bolton before moving to Edinburgh in 2012.
As of February 2025, Cash Generator operates primarily as a franchise business, with stores spanning from Cornwall to Northern Scotland. These stores function on three core activities:
The product range is extensive, including electrical goods, entertainment products like games consoles, mobile phones, laptops, tablets, gold, and jewellery.
In addition to retail operations, Cash Generator also offers several financial services:
Historically, Cash Generator offered short-term "payday loans", but this service was discontinued due to increased regulations.
Franchising has been central to Cash Generator's growth since 1997. Becoming a franchisee requires a significant investment, but it provides an opportunity to own and operate a business under a recognized brand.
The company is actively seeking new franchisees in targeted geographical areas across United kingdom.
Cash Generator has demonstrated consistent growth since its inception. In 2009, the group's retail sales reached £73.6 million, with gross profits of £30.1 million.
The company holds memberships and accreditations from:
Cash Generator has carved out a unique niche in the UK retail market by offering a platform for buying, selling, pawning and trading a wide array of goods. Its franchise model has enabled widespread growth, and its focus on customer service has solidified its position in the communities it serves. Whether you're looking to declutter, find a bargain, or explore franchise opportunities, Cash Generator remains a notable player in the UK retail landscape.
