Cash Plus Franchise

Check cashing


Founded in 1985, Tustin, California-based Cash Plus was acquired by Craig and Judy Wells in 1996. The company offers check cashing, payday advances, international wire transfers and money orders at its locations across the United States.

Cash Plus is a privately-held franchise company in the family financial services industry. One of the industry's pioneers, our franchise and company-owned stores serve families in the $25-60,000 annual income range.

Please Note: The operators of Cash Plus, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Cash Plus website.

How much does it cost to open a Cash Plus Franchise?

The investment required to open a Cash Plus Franchise is between $198,000-$285,000. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Cash Plus name.

Individual Unit Costs

  • Initial Investment:
    $198,000-$285,000
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    5-6%
  • Advertising Fee:
    $300-$500/mo.
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $5000


Click here to compare with
franchises similar to Cash Plus

New Cash Plus Checks Into Mt. Pleasant Location
Mt. Pleasant families tired of waiting in line at the bank can now turn to a convenient new option in town. Cash Plus opened its doors this week at 515-A North Mission Street, in the central Michigan community of Mt. Pleasant. "Many local families don't keep bankers' hours," says David Vajda, own...

Charities Win Big In Latest Cashaway Sweepstakes
A diverse trio of charities were among the big winners in the most recent Cashaway™ Sweepstakes, which awarded $20,000 to 258 winners and their favorite charities. There were nearly 40,000 entrants. In addition to winning $5,000, $2,500 and $1,000 respectively, the first, second and third place w...

Cash Plus Transforms Summer Time Into Winning Time With Latest Cashaway Sweepstakes!
If fast cash for summer emergencies isn't enough to pull you in, how about the prospect of winning $5,000 plus a $1,000 donation to your favorite charity? Just in time summer vacation, Cash Plus, the family financial services centers company, is bringing back its wildly popular Cashaway™ Sweepstakes...

Cash Plus Announces Launch Of An Industry First
Cash Plus, Inc. today announced the launch of its industry-first sweepstakes program to reward consumers with cash prizes. Craig Wells, president and CEO of the fast-growing franchisor of family financial service centers said "We're the first in our industry to give cash back to our customers and...

Cash Plus News & Press Releases

When did the first Cash Plus open? 1985
When did Cash Plus start Franchising? 1988

Year U.S.A. Canada International Corporate
2005 65 1 0 2
2004 66 1 0 3
2003 68 1 0 3
2002 65 0 0 3
2001 60 1 0 3

United States: Alabama, California, Colorado, Delaware, Florida, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, Oklahoma, Oregon, Tennessee, Texas, Utah, Washington, Wisconsin, Wyoming

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No No

Third Party Financing Source(s): GE Capital, DEL Financial, the SBA, Merchants Bank of California

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, National media

18% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3

Absentee ownership of franchise is allowed. (92% of current franchisees are owner/operators)

Business Experience:

  • Friendly personal skills; some general business experience helpful; employee supervision experience a plus

  • To calculate how much income a franchise owner can do at Cash Plus 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

    franchising, biz op, cashplus, cash plus, banking, payday advances, check cashing, money orders, wire transfers, short-term loans, small, retail, family financial service centers, selecting new, bravokids, success magazine, pov magazine, entrepreneur magazine
    Cash Plus Franchise Opportunity viewed 8828 times by investors.

    Legal Disclaimer: This information is not a franchise offering for Cash Plus 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 Cash Plus franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Cash Plus

    Cash Plus

    Cash Plus Inc.
    3002 Dow Ave., #120
    Tustin, CA
    92780

    FREE FRANCHISE ADVICE

    First Name:
    Last Name:
    Address:
    City:
    State: (US inquiries only please)
    Zip:
    Phone:
    Email:
    Capital to Invest

    (Min $50k Investment)
    Investment Timeframe:

    Can I use my 401K or IRA to buy a business?

    Submit your request for a
    FREE Franchise Consultation.

    Share This Page!