PayMore

$PYMRF500 #468
CategoryTech Businesses
SubcategoryElectronics Repairs/Sales
Locations100
Franchisee Count110
Franchise Fee$35,000
Item 7 Low$138,750
Item 7 Midpoint$256,125
Item 7 High$373,500
Royalty Fees5% of Gross Sales (or $1,000 per month, whichever is greater)
Ad / Brand Fund3.5%
Sold Not Open18
ParentPayMore Group LLC
Founded2011
Completeness34/34 (100%)
Years in Business15
Began FranchisingOctober 2012
HQRaleigh, NC
Executives5
Main Phone1-800-801-7587
FDD IssuedApril 17, 2026
Last UpdatedJul 20, 2026
FDDs2026 · 2025 🔒
Franchisor

PayMore Group LLC offers franchises for the operation of retail stores that buy used and broken consumer electronics from consumers and businesses and resell the electronics back to consumers and businesses through in-store and online channels.

PayMore Group LLC is a North Carolina limited liability company formed in 2020, with no parent company. Key executives include CEO Stephen R. Preuss and President Erik C. Helgesen.

PayMore Group LLC offers franchises for the operation of retail stores that buy used and broken consumer electronics from consumers and businesses and resell the electronics back to consumers and businesses through in-store and online channels.

Read PayMore’s complete April 17, 2026 Franchise Disclosure Document — plus 1 prior year on file. Founder level — $19/mo — also unlocks Item 19 revenue, financial strength and unit trajectory across all 3,850 brands on FranDeals.

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