United Financial Services Group vs Platinum Preferred Financial Group Franchise Comparison

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

Start-Up Costs and Fees
 
United Financial Services Group Franchise
Platinum Preferred Financial Group Franchise
Investment $202,000 - $261,000$19,990
Franchise Fee $30,000N/A
Royalty Fee 0.2%-
Advertising Fee --
Year Founded 19772017
Year Franchised 19912017
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee 25% of then current fee-


Business Experience Requirements
 
United Financial Services Group Franchise
Platinum Preferred Financial Group Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    United Financial Services Group Franchise
    Platinum Preferred Financial Group Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    United Financial Services Group Franchise
    Platinum Preferred Financial 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
     
    United Financial Services Group Franchise
    Platinum Preferred Financial Group Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    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.

    About Platinum Preferred Financial Group

    "Platinum
    At Platinum Preferred Financial Group... The Sky is The Limit!
    Looking to be independent? Tired of the same job? Want to finally capitolize on your full potential?
    That opportunity is right in front of you! This business is not a franchise, therefore there are no on-going fees or royalties after your one-time purchase!