Unicash Financial Centres
At a Glance
Products & Services: Check cashing & related services
Number of Locations:
Total Investment: $110K - 150K
Founded: 1992
Began Franchising: 1998
About Unicash Financial Centres
Unicash was founded in 1990 and introduced franchising in 1998. The Unicash Group owns and operates several units throughout Toronto, Ontario, where the company is based.Startup Costs, Ongoing Fees and Financing
Total Investment: $110,000 - $150,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $100,000
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).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. At franchisee's location: 1 week.
Ongoing Support: Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising,
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