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Updated RecentlyUnicash Financial Centres Franchise
Check cashing, money orders, currency exchange and related services
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.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
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 Unit Costs
- Initial Investment:
$110,000-$150,000 - Initial Franchise Fee:
$25,000 - Royalty Fee:
5% - Advertising Fee:
- Term of Agreement:
10 years - Renewal Fee:
$12.5K Cdn.
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Unicash Selected As A Top Franchisor By Entrepreneur Magazine
We're thrilled to announce that Unicash was ranked by Entrepreneur Magazine, one of the most respected publications in the franchising industry, as one of North America's top 500 franchises.
Entrepreneur's 25th Annual Franchise 500 ranks franchises from various industries according to many factor...
Unicash Financial Centres News & Press Releases
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 |
International:
| 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
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)
Business Experience:
To calculate how much income a franchise owner can do at Unicash Financial Centres 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.
Listing Tags
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 recommend that anyone seriously interested in pursuing an Unicash Financial Centres franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Unicash Financial Centres
Unicash Financial Centres
90 Eglinton Ave E
Toronto,
ON
M4P 2Y3