Blue Collar Financial Group vs United Financial Services Group Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Blue Collar Financial Group vs United Financial Services Group including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Blue Collar Financial Group Franchise
United Financial Services Group Franchise
Investment $110,000$202,000 - $261,000
Franchise Fee $50,000$30,000
Royalty Fee Varies0.2%
Advertising Fee --
Year Founded 19951977
Year Franchised 20051991
Term Of Agreement -15 years
Term Of Agreement -15 years
Renewal Fee -25% of then current fee


Business Experience Requirements

 
Blue Collar Financial Group Franchise
United Financial Services Group Franchise
Experience -
  • General business experience
  • Marketing skills

  • Financing Options

     
    Blue Collar Financial Group Franchise
    United Financial Services Group Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Blue Collar Financial Group Franchise
    United Financial Services Group Franchise
    Training --
    Support -Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing -Co-op advertising, Ad slicks, Regional advertising
    Operations - 5% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)


    Expansion Plans

     
    Blue Collar Financial Group Franchise
    United Financial Services Group Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Blue Collar Financial Group

    NO LONGER FRANCHISING

    Status: Dissolved

    About United Financial Services Group

    As one of the oldest franchisors of this model, United offers established operating procedures, proven products and services, solid training and support, a well-founded technology platform, a professional brand identity and marketing program, and the advantages that come from years of experience. With a franchise, you spend the majority of your time developing your business rather than figuring out how to operate it. Our turnkey system helps you develop the appropriate retail environment, master the operations, promote your business and stay up to date with the evolving environment.

    United’s proven franchise system is an integrated program designed to make your entrance into the money service business easier than doing it on your own.

    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.