Mr. Payroll Corp.
Check cashing, money orders, wire transfers, bill pay, ATM

About
Founded

1988

Franchising Since

1990 (30 Years)

Corporate Address

1600 W. 7th St.
Fort Worth, TX 76102

CEO

Dan Feehan

Financial Requirements
Initial Investment

$68,800 - $328,000

Net-worth Requirement

$200,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$10,000 - $10,000

Ongoing Royalty Fee

10%

Support Options
Ongoing Support

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Classroom Training:

3 days

Absentee Ownership Allowed
Number of Employees Required to Run:

1 - 2

Bio
Mr. Payroll was started in 1988 in Amarillo, Texas, to offer check-cashing services to customers who didn't have checking accounts. In 1990, Mr. Payroll began offering franchises. In 1994, it became an affiliate of Cash America, and today in addition to check cashing, Mr. Payroll locations also offer bill payments, money orders, money transfers and pre-paid debit cards.
Cost
Initial Investment: Low - $68,800 High - $328,000
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Alabama, Arkansas, Arizona, Colorado, Florida, Georgia, Iowa, Kansas, Louisiana, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, West Virginia
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

5 Things Franchise Owners Should Know About the New Department of Labor Rule on 'Joint Employment'

The Trump administration's new rule will change what qualifies as joint employment.

The Top 20 Franchises of 2020 From the Entrepreneur Franchise 500

These 20 franchises start the new decade atop our Franchise 500 list.

Mark Wahlberg's Secret to Becoming More Disciplined

The actor and entrepreneur's greatest business asset is his own diligence.

Franchise 500: Our Definitive Ranking of 2020's Strongest Franchises

Get to know the year's top trends, toughest brands, and explore what might be your best opportunity.

#1 on the Franchise 500: Even Without the 'Donuts', Dunkin' Takes the Cake

The #1 company on our Franchise 500 list has expanded what it's known for -- and grown its customer base.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: June 26th, 2015

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). By continuing to use this site, you are agreeing to the use of that data. For more information on our data policies, please visit our Privacy Policy.