There are wide options variety in the market to make good business, for that reason you know that experience combined with business talent is a very difficult combination to find. A Prendamex Pawnshop Franchise offers more than 13 years of experience and “know-how” to you can have your own financial business.
Prendamex Pawnshop Franchise has a presence all over Mexico, with 135 franchisor units and 530 franchisees. Prendamex Pawnshop Franchise is a profitable franchising business, with excellent features that had consolidated the company in the market as one of the best investment options:

• Prendamex Pawnshop Franchise is considered the largest pawnshop franchise in Mexico, thanks to its dedication, development and operation of pawnshops franchise in Mexico.

• Prendamex Pawnshop Franchise gives you the opportunity to have your own business, secure and profitable, thanks to the potential market: more than 40 million people in Mexico.

• Prendamex Pawnshop Franchise offers rapid loans with a guarantee in any jewelry of gold, small home appliances or cars. You will get high returns thanks your main investment is in gold, which implies a rapid growth in your profits.

• Prendamex Pawnshop Franchise don´t ask you to leave your current business. The company will provide all necessary to support your franchise.

• In regard to its financial soundness, planning, structuring and growth in its category Prendamex receive the National Franchise Award since 2000 and for nine consecutive years, besides in 2006 received the Best Advertising Campaign Award, both granted by the Mexican Franchises Association.

Prendamex Pawnshop Franchise obtains Quality Certification ISO 9001-2000 by Det Norske Veritas (since 2006) and Franchise Certification according to Mexican Law by Calmecac (since 2003).

Also is an active member of the International Franchise Association (IFA), the National Pawnbrokers Association (NPA) and the National Pawnshop Association in Mexico (ANACE).

Why should you acquire a Prendamex Pawnshop Franchise?

Usually there is a misconception about pawnshops because the business is not keeping the goods given in guarantee. The business of a Prendamex Pawnshop is interest recovery and to attract customers again and again. Over 85 percent of our customers pay their loans in time and rescue their goods.
In Mexico, the potential demand of the loans market is mainly families with monthly income less than 10 minimum wages (more than 80% of the economically active population) and also has no bank access (three out of four people above 20 years). In other words, 40 million Mexican people need secure and competitive loans.
Asking for a pawn for many Mexican people is a fast way of funding that is used recursively to fill gaps in everyday spending, small businesses cash flow or contingencies expenditures such as illness, , or tuition, etc.

Our clients are mainly workers, housewives, government employees, unemployed, students, and retirees. Pawnshops clients are not usually borrow for lavish spending: they want to finance urgent consumption and major necessities. This is a demonstrated fact by observing the average loan is less than $ 1000 Mexican pesos (about $ 70 USD), and has a seasonal cycle, for example school return, holiday’s return, etc.
This important potential demand for loans is served in a reduced way mainly for private welfare institutions, informal enterprises and individuals; therefore a Prendamex Pawnshop franchise is a tremendous opportunity to break into this growing and profitable market.
What is the Franchisee Profile?
People with high responsible financial profile, moral rectitude and seeking continued success:

• Committed to their social environment. Prendamex offers an accessible source of financing, through immediate loans to thousands of people across Mexico.
• You can have other businesses, as the franchise Prendamex, does not require full-time business. Some of our franchisees run their franchises, while others combine with their current activities.
• Want to grow day by day. Prendamex is a franchise that supports the development of its franchisees.

Is a person who knows that success depends not only on his work; it depends also on the work of the partner. Prendamex it’s your best business partner.
Prendamex Pawnshop Franchise is one of the best investment alternatives in the market, so we invite you to learn more and make an appointment with an executive who advise you how to be part of the franchise that shares its success with you.
Elements of a Prendamex Pawnshop Franchise
A Prendamex Pawnshop Franchise has a complete range of elements and services, product of many years of experience in the pawnshop business:

• Brand Licensing to use Prendamex name and logo.
• Prendamex System license: operating manuals, specialized computer systems and other confidential information developed for the operation, management and marketing of the franchise.
• License to use contract of mutual interest and collateral type.
• Prototype and architectural specifications.
• Specialized handbooks in daily operation and the business administration.
• Professional guidance for the unit adequacy and all general and necessary activities for the implementation of the business.
• Suppliers catalog and advice on the purchase of specialized security systems, computer equipment and supplies.
• Initial training for operational staff.
• Installation and testing of the franchise computer systems.
• Advertising and institutional advice on advertising and local promotions.
• Permanent technical and operational assistance in the business operation

There are other specialized services that have an additional charge, upon request and acceptance of the franchisee:

• Possibility to establish the business by the concept of "turnkey".
• Advice on selecting the best unit for your Prendamex Pawnshop franchise, providing the minimum specifications.
•  Personalized oversight visits and support to franchisees.

In addition to the pawnshop business profitability , when buying a Prendamex Pawnshop Franchise you’ll have the possibility to offer the service of sending and receiving money from Mexico and the United States through “Western Union” and “Dinero Express” (by Elektra). These companies work in conjunction Prendamex to offer you a complement to increase the profits of your business.

What are the benefits of Prendamex Pawnshop Franchise?
A Prendamex Pawnshop Franchise is one of the best investments in market; it’s a business with very high profitability and a large social impact. Millions of Mexicans need a funding source accessible to their needs; Prendamex Pawnshop Franchise satisfies their customers immediately.

• 13 years of experience
• Software and “Know How”
• Performance, Security, Reliability
• Operation financing through Prendamex Financial Services
• Do not require full-time by the investor
• Certified, awarded, and active member of diverse national and international associations.

Prendamex Pawnshop Franchise is an excellent investment, because the investment is guaranteed in gold, the most precious metal in international markets. In addition, interest is getting back into your own franchise, which offers an excellent rate; involving you as a part of a virtuous circle that guide you to success sooner than you think.
The winning formula is protected under an innovative “know-how”, which has been recognized year after year as the major growing franchise in its range by the Mexican Association of Franchises. The “know-how” of Prendamex is shared with franchisees that look for success through a franchise contract.
You will never be alone; Prendamex will guide you through the entire process for the launch of your franchise. Once in operation you will have access to advice and will be part of workshops that allow you to be better every day.

How is the investment in a Prendamex Pawnshop Franchise?
Investing in a Prendamex Pawnshop franchise is one of the most profitable investments today in Mexico.
When you have a Prendamex Pawnshop franchise, your investment is in a proven and profitable business, in addition to a well-recognized brand name and market position.
The total investment amount integrates three elements:

• Franchise fee, which provides all the “know how” to start the business.
• Adequacy of the operating unit as a branch.
• Working capital required for operational purposes.

After launching your Prendamex Pawnshop Franchise unit, you will be supported by Prendamex Corporate as well as being part of the advertising and marketing programs that contribute to your growth and successful development. The investment is made in royalties on a monthly basis, and is one of the lowest in the franchise market.