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Entrepreneur: Start & Grow Your Business

Family Financial Centers

Check cashing & other financial services

Background

Founded: 2004 Franchising since: 2004
202 Farm Ln.
Doylestown, Pennsylvania 18901
Phone:
(215)230-5508


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 20 0 0 0
2007 30 0 0 0
2006 30 0 0 0
2005 14 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada, Mexico

Exclusive territories available.

Costs and Fees

Total investment: $137.5K-223.7K
Franchise fee: $32.5K
Ongoing royalty fee: 0.2%
Term of agreement: Term of agreement not renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $40K


Training and Support

Training
  • Available at headquarters: 1 week
  • Field training : 1 week

Ongoing Support
  • Newsletter
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks

Other marketing support
  • Internet