#United States #New York #PayMore #Electronics Franchise #Sustainable Resale

PayMore Stores Expands with Nineteen New Locations

In an impressive stride towards retail growth, PayMore has announced the opening of nineteen new store locations across the United States and Canada during the second quarter of 2025. Making waves in the electronics resale market, this expansion underlines PayMore's reputation as the country's fastest-growing electronics franchise and a formidable player in retail.

Founded in 2011, PayMore has executed nearly 2 million device trade-ins, carving out its niche in the booming electronics resale sector. Emphasizing environmental sustainability, the business model not only offers competitive compensation for pre-owned consumer electronics, but it also promotes responsible recycling and secure data protection protocols. Stephen R. Preuss Sr., CEO and Co-Founder of PayMore, expressed the significance of this expansion: "These nineteen new locations demonstrate our dedication to expanding access to electronics trade-in services across North America."

The latest store openings mark a staggering 700% increase in PayMore's total store count over the past two years. Following a robust first quarter where the company executed thirteen new franchise agreements to add approximately seventy locations across several states including Rhode Island, Massachusetts, Connecticut, California, and beyond, PayMore’s growth trajectory shows no signs of slowing.

The newly opened locations include:

• - PayMore Temecula - San Diego, CA
• - PayMore Frederick - Frederick, MD
• - PayMore Thornton - Denver, CO
• - PayMore Gurnee - Chicago, IL
• - PayMore Summerlin - Las Vegas, NV
• - PayMore Lincoln - Lincoln, NE
• - PayMore Irving - Houston, TX
• - PayMore Paramus - Paramus, NJ
• - PayMore Pembroke Pines - Miami, FL
• - PayMore Murray - Salt Lake City, UT
• - PayMore University City - Charlotte, NC
• - PayMore Kennesaw - Atlanta, GA
• - PayMore Woodbridge - Washington DC
• - PayMore Westport - Kansas City, MO
• - PayMore Toronto - Ontario, Canada
• - PayMore Morningside WMT - Canada
• - PayMore Surrey - Vancouver, Canada

This expansion into Canadian and UK markets marks a strategic milestone for PayMore as they continue to grow internationally. Currently operating 88 locations, the company anticipates an influx of stores, projecting approximately 150 operational by the end of 2025. In addition to its domestic expansion plans, PayMore has nearly 600 units planned for development, with significant concentrations in the U.S. and nearly 200 locations targeted for international markets.

Powering this growth is an increasing consumer shift toward sustainability, as customers favor electronics resale as a preferable alternative to traditional disposal methods. The franchise model developed by PayMore is well-timed to address this demand while also offering budding entrepreneurs opportunities in the expanding circular economy.

By offering an exceptional retail experience where consumers can comfortably sell unwanted electronics, PayMore not only meets market needs but reshapes the landscape of electronics resale. Whether opting for trade-ins or finding new devices, customers are in good hands, reaffirming PayMore's emerging role as an industry leader.

About PayMore

PayMore was established in 2011 in Massapequa, New York, with a mission to obtain and repurpose old electronics, contributing to a circular economy rather than letting them end up in landfills. As it transitioned into franchising in 2020, the brand’s unique model and low startup costs have attracted multi-unit franchisees seeking to diversify their portfolios with an innovative solution. With continuous growth and a commitment to sustainability, PayMore remains a prominent figure in the retail electronics landscape.

To learn more about PayMore or to locate a nearby store, visit PayMore.com.