Unicash Financial Centres Franchise

Check cashing, money orders, currency exchange and related services

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Unicash opened its first retail store in 1990, and grew as an organization of retail outlets which cash cheques for the public -for a fee. Unicash prides itself on having its outlets cashing virtually every kind of cheque at one of the most competitive rates in the Canadian cheque cashing industry. In addition to cashing cheques, the Unicash outlets offer a variety of other services such as Western Union money transfer, currency exchange, bill payments, sale of money orders and mail box rentals, just to name a few. In recent years, Unicash Mercantile has successfully established itself as a specialized foreign exchange service provider to small and medium sized businesses. As business expands across the globe, the need for foreign currency, as well as secure and efficient funds transfers become a corner stone for many enterprises. Unicash Mercantile is the solution for all your foreign exchange needs.

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$129.55 USD
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$129.55
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Please Note: The operators of Unicash Financial Centres, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Unicash Financial Centres website.

How much does it cost to open a Unicash Financial Centres Franchise ?

The investment required to open a Unicash Financial Centres Franchise is between $110,000 - $150,000 . There is an initial franchise fee of $25,000 which grants you the license to run a business under the Unicash Financial Centres name.

Individual Franchise Costs

  • Initial Investment:
    $110,000 -
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    5%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $12.5K Cdn.

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Third Party Financing Source(s):
various sources

Support
Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising

Unicash Financial Centres Growth History

When did the first Unicash Financial Centres open? 1992
When did Unicash Financial Centres start Franchising ? 1998

Year U.S.A. Canada International Corporate
2004 0 14 0 8
2003 0 14 0 7
2002 0 12 0 5
2001 0 7 0 4
2000 0 2 0 4

35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

General business experience


How much does a Unicash Financial Centres Franchise owner make?

How much money you could make as a Unicash Financial Centres Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Unicash Financial Centres Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$25,000 - $150,000
Initial Franchise Fee
$25,000
Royalty Fee
5%
Term of Agreement
10 years
Renewal Fee
$12.5K Cdn.
Latest News
Unicash Selected As A Top Franchisor By Entrepreneur Magazine
Toronto
2003-12-19 View All
Unicash Financial Centres Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Unicash Financial Centres and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Unicash Financial Centres franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.