Cash Crusaders is popular for its good quality second hand good and the franchise offers a whole lot more to its customers and store owners. The franchise is looking for business people who want to open up their own Cash Crusaders store.
Company Name: Cash Crusaders
Country: South Africa
Industry: Retail, franchise
Product & Services: Buying and selling of new and second hand goods,retails branded and imported new goods, and sells secured loans and credit options
Details of Opportunity:
The Cash Crusaders franchise offers investors the opportunity to become a part of a proven, and profitable business concept that successfully trades in the value retail sector of the market alongside other retail chains. Its unique structure offers upside benefits in all economic climates. The Cash Crusaders Franchise System has successfully evolved over the years to support franchisees, and make them as successful and profitable as possible. While investors who choose to become franchisees are, in essence independent business owners, they benefit from centralised marketing and branding. This ranges from above- and below-the-line advertising, logo’s, corporate colours and uniforms.
In addition all members of the franchise group are bound by common business ethics and values that protect the reputation of the brand across borders. Cash Crusaders franchisees also have access to Cash Crusaders Wholesale (CCW). This is an independent warehousing business that sources and imports brand new goods, and makes them available to stores in whichever country stores are in. In this way, store owners can be confident that their range is fresh and interesting, compelling customers to return. The franchise also offers support with store location and design ensuring that owners optimise their use of available space.
Cash Crusaders currently has over 150 stores in South Africa, Namibia and Botswana. The franchise is constantly sourcing and negotiating leases in prime sites.
Cash Crusader Corporate Structure:
Cash Crusaders is managed by Cash Crusaders Franchising (Pty) Ltd, which forms part of Crusaders Holdings (Pty) Ltd, who are its majority shareholders. Also forming part of Crusaders Holdings is the Crusaders Corporate Division. This division controls and manages CCW.
Brent Topat
Date of Birth: 30 May 1970
Position: Executive Chairman
Roles & responsibility:
Brent is closely involved with all aspects of the Cash Crusaders business and focuses primarily on importing and sourcing stock. Much of his time is spent meeting with suppliers and negotiating prices. He travels abroad on buying trips bi-annually.
Work Experience:
After cutting his teeth in various managerial roles with Spur – including that of General Manager of the Santa Ana Spur at the V&A Waterfront in Cape Town, Brent developed an excellent understanding of the franchise and retail arenas. He then joined franchise development company, SureFire, as a project manager. Here he built on his already solid franchise experience and in 1996 he launched Cash Crusaders.
Gerd Topat
Date of Birth: 30 March 1942
Position: Director
Roles & Responsibility:
Gerd is closely involved with all aspects of the franchising business. From initiating and closing franchise agreements to site selection, lease negotiation, brand development and marketing, his experience and credibility are indispensable to the on-going success of the franchise chain.
Work Experience:
Gerd gained his first taste for franchising with Wimpy South Africa. From there he joined Spur in 1973 as Operations Director and was promoted to Managing Director in 1986. His time at the helm of what is arguably one of Africa’s most successful franchise operations has resulted in a wealth of invaluable experience in the franchise and retail arenas, both of which contribute to the excellent growth enjoyed by the Cash Crusaders model.
Sean Stegmann
Date of Birth: 03 April 1966
Position: Chief Executive Officer (CEO)
Roles & Responsibility:
Sean is responsible for shaping the strategic direction of Cash Crusaders. His MBA coupled with 15-years of management experience places him in an excellent position to guide the business into its next phase.
Striving every day to be a first choice retailer by empowering entrepreneurs to offer the best deal for our community.”
The company vision is about supporting men and women to become economically empowered through running their own businesses while adding value to the lives of their customers. Ultimately, this results in Cash Crusaders making a positive contribution to South Africa and its communities.
