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Updated RecentlyMr. Payroll Franchise
Financial service centers
If you have a strong understanding of the financial and operational requirements of running a business and are interested in opening a franchise with a recognized brand name, you've come to the right place! Cash America offers franchising opportunities through its brand, Mr. Payroll. Why choose a Mr. Payroll franchise? With Mr. Payroll, you'll get: *Instant recognition *As part of the Cash America International, Inc. family of companies, Mr. Payroll is one of the most recognized names in the check-cashing industry. *An established, outstanding reputation*Mr. Payroll is well-known for its professional and courteous customer service. *An abundance of knowledge at your fingertips *Mr. Payroll knows how to create attractive and well-organized units. In addition, Mr. Payroll's Licensed System keeps you at the leading edge of technology and provides you with the information you need to get started. *Franchised site within an assigned territory *Proven business practices *Strategic management consultation from industry experts *License to utilize Mr. Payroll's trademarks, store decor, signs and images *Assistance with advertising/marketing campaigns and materials, as requested *Store design, construction services and fixture supply
In addition, a Mr. Payroll check-cashing franchise may: *Increase the profile of your business *Free up your sales counter for more efficient operations.
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How much does it cost to open a Mr. Payroll Franchise?
The investment required to open a Mr. Payroll Franchise is between $60,500-$151,500. There is an initial franchise fee of $10,000-$30,000 which grants you the license to run a business under the Mr. Payroll name.
Individual Unit Costs
- Initial Investment:
$60,500-$151,500 - Initial Franchise Fee:
$10,000-$30,000 - Royalty Fee:
10-25% - Advertising Fee:
- Term of Agreement:
10 years
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Cash America Announces Terms Of Mr. Payroll Transaction
Cash America International, Inc. (NYSE:PWN) today announced the terms of a previously disclosed capital transaction involving its wholly-owned subsidiary, Mr. Payroll Corporation, and Wells Fargo Bank N.A. Pursuant to a revised Letter of Intent between the parties, the proposed transaction calls for...
Mr. Payroll News & Press Releases
When did Mr. Payroll start Franchising? 1992
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 135 | 0 | 0 | 6 |
| 2004 | 139 | 0 | 0 | 6 |
| 2003 | 135 | 0 | 0 | 6 |
| 2002 | 135 | 0 | 0 | 7 |
| 2001 | 134 | 0 | 0 | 10 |
United States: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations
Marketing
Co-op advertising, Ad slicks
39% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
Business Experience:
To calculate how much income a franchise owner can do at Mr. Payroll Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Mr. Payroll 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 recommend that anyone seriously interested in pursuing a Mr. Payroll franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Mr. Payroll
Mr. Payroll Check Cashing
1600 W. 7th St.
Ft. Worth,
TX
76102