Start-Up Costs and Fees |
||
| United Check Cashing | Unicash Financial Centres | |
| Investment | 226000 - 297000 | 110000 - 150000 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | 5% |
| Advertising Fee | ||
| Year Founded | 1977 | 1992 |
| Year Franchised | 1992 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| United Check Cashing | Unicash Financial Centres | |
| Experience | General business experience | |
Financing Options |
||
| United Check Cashing | Unicash Financial Centres | |
| Franchise Fees | Yes | No |
| Start-up Costs | Yes | No |
| Equipment | Yes | No |
| Inventory | Yes | No |
| Receivables | Yes | No |
| Payroll | Yes | No |
Training & Support |
||
| United Check Cashing | Unicash Financial Centres | |
| Training | ||
| Support | United provides assistance in all aspects of the business including ongoing training, marketing support, customized point-of-sale system, accounting system and proprietary store management software. | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising | |
| Operations | 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| United Check Cashing | Unicash Financial Centres | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| United Check Cashing | |
| Unicash Financial Centres | |
| Franchise Fee | |
| United Check Cashing | |
| Unicash Financial Centres | |
| Royalty Fee | |
| United Check Cashing | Varies |
| Unicash Financial Centres | 5% |
| Advertising Fee | |
| United Check Cashing | |
| Unicash Financial Centres | |
| Year Founded | |
| United Check Cashing | 1977 |
| Unicash Financial Centres | 1992 |
| Year Franchised | |
| United Check Cashing | 1992 |
| Unicash Financial Centres | 1998 |
| Term Of Agreement | |
| United Check Cashing | |
| Unicash Financial Centres | 10 years |
| Renewal Fee | |
| United Check Cashing | |
| Unicash Financial Centres | $12.5K Cdn. |
Business Experience Requirements |
|
| Experience | |
| United Check Cashing | |
| Unicash Financial Centres | General business experience |
Financing Options |
|
| Franchise Fees | |
| United Check Cashing | Yes |
| Unicash Financial Centres | Yes |
| Start-up Costs | |
| United Check Cashing | |
| Unicash Financial Centres | |
| Equipment | |
| United Check Cashing} | |
| Unicash Financial Centres | |
| Inventory | |
| United Check Cashing | |
| Unicash Financial Centres | |
| Receivables | |
| United Check Cashing | |
| Unicash Financial Centres | |
| Payroll | |
| United Check Cashing | |
| Unicash Financial Centres | |
Training & Support |
|
| Training | |
| United Check Cashing | |
| Unicash Financial Centres | |
| Support | |
| United Check Cashing | United provides assistance in all aspects of the business including ongoing training, marketing support, customized point-of-sale system, accounting system and proprietary store management software. |
| Unicash Financial Centres | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| United Check Cashing | |
| Unicash Financial Centres | Co-op advertising |
| Operations | |
| United Check Cashing | |
| Unicash Financial Centres | 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| United Check Cashing | |
| Unicash Financial Centres | |
| Canada Expansion | |
| United Check Cashing | 0 |
| Unicash Financial Centres | |
| International Expansion | |
| United Check Cashing | |
| Unicash Financial Centres | |