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Thursday
May272010

United Check Cashing Franchise

Cheque cashing and money management

Start-up Costs & Franchises Fees

What is the total cost to open a United Check Cashing Franchises?

Total Cost: $200,000 USD -$2,500,000 USD
Total Franchise Fees: $27,500
Ongoing Royalty Fees: 2
Ongoing Advertising Fees: Not Available

Contact Information for United Check Cashing

United Check Cashing
325 Chestnut Street, Suite 3000
Philadelphia, PA
19106

Phone Number: 215-238-0300
Toll Free: 1-800-626-0787
Fax Number: 215-238-9056

Franchise Homepage:

Historical Expansion

In what year did United Check Cashing begin operations? 1977
When did United Check Cashing begin selling franchises? 1992

Year United States Canada International Corporate
2007 150 0 0 3

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee Yes Yes
Initial Start-up Capital Yes Yes
Plant, Property, and Equipment Yes Yes
Inventory Yes Yes
Accounts Receivable Yes Yes
Payroll Yes Yes

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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