Not Ranked

Initial Investment

LOW: $226,000
HIGH: $297,000

Change in Units

-10.3% -10 UNITS (1 Year)
-16.5% -16 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1977

Franchising Since

1991 (25 Years)

Corporate Address

325 Chestnut St., #3000 Philadelphia, PA 19106

CEO

John Leonard

About United Check Cashing

United Financial Services Group was founded in 1977 and began franchising in 1991. It has more than 80 locations throughout the United States and is based in Philadelphia.

Financials

Financial Requirements

Initial Investment

$226,000 - $297,000

Net-worth Requirement

$350,000

Liquid Cash Requirement

$120,000

Ongoing Fees

Initial Franchise Fee

$30,000

Ongoing Royalty Fee

Varies

Ad Royalty Fee

$1K/yr.

Financing Options

United Check Cashing has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives


25% off franchise fee

Franchise 500® Rank History

Highest Rank: 228

Lowest Rank: 484

  • 2006 - 228
* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 2 weeks

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 2 - 3

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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: July 15th, 2015

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