Marketing

PayMore Stores inks big UK, Ireland development deal

Photo: Adobe Stock

July 8, 2024

PayMore Stores, a cash-for-electronics retailer, has secured 60 new units across the U.K. and Ireland.

The brand now has over 300 units in development, 34 locations open and 55 set to open this year, according to a press release.

The U.K.-Ireland development deal is being led by Scotland natives Liam Dalgarno and Nin Atway, both who have been Subway franchisees managing 450 locations in the U.K.

"Coming from the quick-service food franchising world, we were amazed by the simplicity of PayMore's business model," Dalgarno said in the release. "We love the limited hours and the 24/7 revenue potential through online sales, even after closing the doors. The technology behind PayMore is incredible; Stephen and Erik, the founders, have an impressive grasp of the industry and a clear vision for the brand."

PayMore was founded in 2011 in Massapequa, New York, and partnered with Fransmart in 2020 for its franchise strategy.