Unicash Financial Centres vs Cash-X Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Unicash Financial Centres vs Cash-X including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

Unicash Financial Centres Franchise
Cash-X Franchise
Investment $110,000 - $150,000$50,000
Franchise Fee $25,000$25,000 - $50,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 19922001
Year Franchised 19982001
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $12.5K Cdn.-

Business Experience Requirements

Unicash Financial Centres Franchise
Cash-X Franchise
  • General business experience
  • -

    Financing Options

    Unicash Financial Centres Franchise
    Cash-X Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

    Unicash Financial Centres Franchise
    Cash-X Franchise
    Training --
    Support Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising-
    Operations 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)


    Expansion Plans

    Unicash Financial Centres Franchise
    Cash-X Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Unicash Financial Centres

    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.

    About Cash-X

    Cash-X is a rapidly growing payday loan and cheque cashing franchise offering unique systems and technological advantages in the marketplace. Cash-X is the leader in E-lending, utilizing low overhead methods of distribution and robust technology to gain strategic advantages.