Electronics Repairs/Sales
PayMore
Raleigh, NC · Founded 2011 · PYMR
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.
2026 Franchise 500
#468
100
units (2025)—
year over yearUnits by Year
42021
92022
212023
562024
1002025
Total outlets at year end, from FDD Item 20.
The Investment
Initial investment
$138,750 – $373,500
FDD Item 7
Franchise fee
$35,000
FDD Item 5
Ad fund
3.5%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty
5% of Gross Sales (or $1,000 per month, whichever is greater)
Leadership
Stephen R. Preuss
Chief Executive Officer
Erik C. Helgesen
President
Edward McMullan
Director of Operations
Scott Fermaglich
Executive Director
Nicholas Wolfer
Director of Compliance
On File
Franchise Disclosure Documents
Also in Electronics Repairs/Sales
More in Tech Businesses→Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.