First agency opened i9Kredit in Porto - home of instant loans on pawns
The new Valores store is located at Praça do Marquês de Pombal and results from an investment close to 25 thousand euros.
This is a new brand in the universe of Values Group instant loans on pawns in gold, silver, watches and other amounts without an appraisal fee or maintenance charges.
According to the administrator Diogo Faíscas, "i9Krredito by Valores - authorized by the National Press Casa da Moeda - complements the range of services we provide with solidity and proven results and, on the other hand, highlights the strong commitment that we continue to make as gold specialists, since 2008 ″.
Still this September, “the Group opens four Valor branches and thus reaches the 10 units in operation. It is expected to close 2020 with 70 stores - 26 of which are its own - and a turnover of 20M €, against 8M € 2019. Franchising Values is in a new growth phase with an expansion plan of 35 branches until the end of 2020 ″.
The amount of investment per franchise is € 29,900 (+ VAT) and it is worth noting the fact that “investors in this business open more than one agency: only the Matosinhos franchisee will open four; the Coimbra franchise will invest in Figueira da Foz and the Mem Martins franchise already has two branches in Lisbon ”, announces CEO JChester.
The expansion of franchising will translate into the creation of 70 jobs, which will join the 43 employees at headquarters and the network of 26 own branches ”, concludes.