PayMore has continued its store growth momentum into the second quarter.
The buy-sell-trade electronics franchise has opened or will open 19 new stores between April and June 2025, expanding in major metro areas such as San Diego, Atlanta, Chicago, Miami, Houston and Washington D.C. Following a host of recent expansions, PayMore says it has achieved a 700% increase in store count over the past two years.
PayMore currently operates 88 locations and projects approximately 150 stores will be operational by the end of the year. Looking ahead, the company has nearly 600 total units in development, with over 400 units in the United States and an additional nearly 200 locations planned internationally.
“These 19 new locations demonstrate our dedication to expanding access to electronics trade-in services across North America” said Stephen R. Preuss Sr., CEO and co-founder of PayMore Stores. “We’re building a sustainable business model that extends device lifecycles while delivering exceptional value to our customers and franchise partners.”
During the first quarter of 2025, PayMore signed 13 new franchise agreements that will generate approximately 70 additional stores across Rhode Island, Massachusetts, Connecticut, California, New Jersey, New York, Missouri, Utah, Georgia, North Carolina, South Carolina, Pennsylvania, Virginia and Florida.
