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Owning a United Check Cashing business is the closest thing you can do in franchising to owning a bank. According to the Federal Reserve Board's Survey of Consumer Finances, nearly 13% of families in the U.S. do not have a checking account, while 9.5% of American families have no bank account at all, yet they still need financial services. United Check Cashing centers provide a wide assortment of vital services, in addition to just check cashing, to this "unbanked" segment of consumers seeking an alternative to traditional banking relationships and the growing fees associated with banks. Our franchisees operate clean, bright, safe retail centers located in urban and suburban markets, and they are prided on building strong customer relationships through friendly, courteous, and prompt service not usually associated with today's banks. The United management team brings more than 100 years of collective industry experience to the franchise. The company has been franchising its concept since 1992 and has a proven track record of successful franchisees.
United Service Group FINANCIAL/TERMS
Cash Investment: $75-85K
Total Investment: $200-$250K
Minimum Net Worth: $350K
Average Number of Employees: Depends SUPPORT & TRAINING PROVIDED
Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-Operative Advertising: Yes
Training: 2 weeks at Corporate Headquarters in Philadelphia / 1 week in open store / 1 week opening |
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