FREE Franchise Guide!

This company's data may be out of date.

If this is your company, please email franchise@entrepreneur.com to request instructions on how to update your listing.
2022 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$226K - $297K
Units as of 2015
97 19% over 3 years

Company Overview

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.

About United Check Cashing

Founded
1977
Leadership
John Leonard, CEO

Franchising Overview

Franchising Since
1991 (31 years)
# of employees at HQ
15
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
97 (as of 2015)

Franchisor Information

Corporate Address
325 Chestnut St., #3000
Philadelphia, PA 19106

Information for Franchisees

Here’s what you need to know if you’re interested in opening a United Check Cashing franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$226,000 - $297,000
Net Worth Requirement
$350,000
Cash Requirement
$120,000
Veteran Incentives
25% off franchise fee
Royalty Fee
Varies
Ad Royalty Fee
$1K/yr.
Term of Agreement
15 years
Is franchise term renewable?
Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
1 week
Classroom Training
2 weeks
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2-3
Are exclusive territories available?
Yes
Take our quick quiz to find your ideal franchise

Interested in franchise ownership like United Check Cashing? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

Compare where United Check Cashing landed on this year’s Franchise 500 Ranking versus previous years.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to United Check Cashing.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

How to Start a Blue Moon Estate Sales Franchise in 2023

Looking for information about how to open a Blue Moon Estate Sales franchise? Here's what you need to know.

Use This Checklist to Avoid Buying a 'Zombie' Franchise

Here are 20 questions that will save you time and money. There are great franchise options out there, but you must do your due diligence.

Alicia Miller

The Hottest Franchise Trends for 2023

Looking for a business to buy in 2023? We predict which franchise categories will thrive, and list top brands available in each.

Thinking of Buying a Franchise? These Four Industries Are Flaming Hot Right Now

Turns out eating breakfast, working out, riding a rollercoaster and getting a job have something in common.

Kim Kavin

Turning a Franchise Business Into a Nonprofit? Here's How It's Done.

Challenge Island recently helped a franchisee in New Mexico transform her location into a nonprofit. Here, she explains why she made the decision, and how it works.

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021