PayMore Reaches 150 Stores With Baton Rouge Opening

Electronics resale franchise PayMore has reached 150 operating locations across North America following a new store opening in Baton Rouge, Louisiana. Announcing the milestone on 10 November 2026, the company also reported 47% third-quarter same-store sales growth and more than 300 additional franchise locations sold but not yet open.

Baton Rouge marks a network milestone

The latest store opened on 2 November at 6555 Siegen Lane, Suite 13, in Baton Rouge. It takes PayMore’s operating network to 150 locations across North America, rather than representing a US-only store count.

Founded in 2011 in Massapequa, New York, PayMore began its franchise expansion in 2020. Its stores offer customers a place to buy, sell and trade consumer electronics, alongside electronics recycling options.

The company says its operating footprint has more than doubled since the end of 2024, when it had approximately 58 stores. It has opened 38 new locations so far in 2026 and expects to finish the year with approximately 165 operating stores.

That year-end figure remains a forecast, not an achieved opening total. Reaching it would mean adding around 15 operating locations beyond the 150-store milestone announced in November.

For the US franchise community, the Baton Rouge opening provides a concrete example of PayMore’s expansion: a trading location with an opening date and address, alongside the company’s broader development commitments.

Sales and electronics purchases rise

PayMore’s announcement included figures for both sales to customers and purchases of electronics from them. These are distinct measures within its resale model, where stores acquire eligible devices and sell professionally tested pre-owned technology.

For the third quarter of 2026, PayMore reported a 49% year-on-year increase in same-store purchases and a 47% increase in same-store sales compared with the equivalent period in 2025.

September’s results were stronger still. Same-store electronics purchase dollars rose 50% year on year, while same-store sales dollars increased 56%.

The same-store figures are separate from the increase in the number of operating locations. They describe performance within the company’s comparable-store reporting, rather than simply measuring the sales added by newly opened shops.

However, these growth rates are not profit figures. For a prospective franchisee, the reported increases offer useful trading context but should not be treated as evidence of an individual store’s earnings or return on investment. The September figures also cover a single month, whereas the third-quarter figures cover a longer reporting period.

A resale offer spanning several device categories

PayMore’s retail offer extends beyond smartphones. Stores purchase eligible laptops, tablets, gaming consoles, computer components, cameras, smartwatches and other consumer electronics for cash.

On the sales side, the company offers professionally tested pre-owned technology. It also provides responsible electronics recycling options, giving customers another route for dealing with devices they no longer need.

This combination makes buying stock from customers a central part of the model, alongside selling it. The reported growth in electronics purchase dollars therefore deserves attention alongside sales growth, although the two measures do not establish the margin earned on those transactions.

The range of eligible products also gives prospective operators several categories to examine when assessing the business, from mobile devices and computing equipment to gaming and photography products.

Development commitments extend beyond open stores

PayMore says more than 300 additional franchise locations have been sold but are not yet open. The company describes this development pipeline as supporting continued expansion across the United States and Canada.

Those commitments are distinct from the 150 locations already operating. They indicate planned development, but should not be counted as trading stores or presented as completed openings.

The distinction matters when evaluating the scale of a franchise network: operating locations, locations in development and a year-end forecast each describe a different stage of growth. PayMore’s November announcement includes all three, alongside its reported same-store performance.

Practical takeaway: Prospective franchisees should assess PayMore’s open-store performance separately from its development pipeline, and test the reported sales growth against store-level costs, stock purchasing requirements and profitability before making an investment decision.