Former Home Services Franchise Owner Jay Jones Signs Multi-Unit Deal with PayMore

April 17, 2026 // FranchisePR.com // NEW YORK – After decades of entrepreneurial experience spanning franchise ownership and the insurance industry, Jay Jones is returning to business ownership with a new venture—signing a three-unit franchise agreement with PayMore, an electronics resale retailer.

Jones’ path to PayMore began early. Raised in San Diego, he grew up working in his father’s janitorial business, eventually becoming general manager at just 19 years old. After attending California State University San Marcos—where he met his wife—Jones went on to pursue his first franchise opportunity in the restoration industry, specializing in fire, water, and mold remediation.

After initially launching in Monterey, California, Jones relocated the business to Fresno County due to cost constraints, where he successfully scaled and later sold the company in 2013.

He then spent over a decade in the insurance industry, holding licenses in 33 states and specializing in Medicare, long-term care, and final expense coverage. Ready for his next venture, he landed on PayMore.

“I’ve always had the drive to build something,” said Jones. “After years in service-based businesses and insurance, I was ready for something dynamic again—something with real growth potential.”

Jones noted that PayMore stood out for its simple model.

“What really sold me was talking to other franchisees,” he said. “Every single person I spoke with had overwhelmingly positive things to say. After looking at several other brands and finding red flags during validation, that told me everything I needed to know.”

PayMore specializes in buying, selling, and trading pre-owned electronics. It operates a retail model around exchanging devices and promotes reuse and recycling. The brand emphasizes a modern retail experience and activity in the secondary electronics market.

Jones said the model’s fundamentals—consistent product demand, operational simplicity, and scalability—were key factors in his decision.

“Electronics aren’t going anywhere,” he said. “There’s always a new version coming out, which means there’s always supply and demand. When you combine that with sustainability and a business model that’s efficient and scalable, it just makes sense.”

Compared to his previous business, where revenue was heavily tied to insurance contracts, Jones sees PayMore as a more controllable and scalable opportunity.

“In restoration, you’re often at the mercy of insurance companies,” he said. “With PayMore, you have more control over your business, your margins, and your growth.”

Jones plans to operate the business as a family venture, partnering with his son, Caiden Jones, who will manage the first location.

SOURCE PayMore