Mr. Payroll vs Medoffice Systems Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Payroll vs Medoffice Systems including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Mr. Payroll Franchise
Medoffice Systems Franchise
Investment $60,500 - $151,500 $20,000 - $40,000
Franchise Fee $10,000 - $30,000 $9,900
Royalty Fee 10-25% -
Advertising Fee - -
Year Founded 1989 -
Year Franchised 1992 -
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee - -


Business Experience Requirements

 
Mr. Payroll Franchise
Medoffice Systems Franchise
Experience
  • General business experience
  • Customer service skills
  • -

    Financing Options

     
    Mr. Payroll Franchise
    Medoffice Systems Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/Yes -/-
    Start-up Costs No/Yes -/-
    Equipment No/Yes -/-
    Inventory No/No -/-
    Receivables No/No -/-
    Payroll No/No -/-

    Training & Support

     
    Mr. Payroll Franchise
    Medoffice Systems Franchise
    Training - -
    Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations -
    Marketing Co-op advertising, Ad slicks -
    Operations 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)

    -

    Expansion Plans

     
    Mr. Payroll Franchise
    Medoffice Systems Franchise
    US Expansion Yes -
    Canada Expansion No -
    International Expansion No -

    Start-Up Costs and Fees Mobile

    Investment
    Mr. Payroll Franchise
    $60,500 - $151,500
    Medoffice Systems Franchise
    $20,000 - $40,000
    Franchise Fee
    Mr. Payroll Franchise
    $10,000 - $30,000
    Medoffice Systems Franchise
    $9,900
    Royalty Fee
    Mr. Payroll Franchise
    10-25%
    Medoffice Systems Franchise
    -
    Advertising Fee
    Mr. Payroll Franchise
    -
    Medoffice Systems Franchise
    -
    Year Founded
    Mr. Payroll Franchise
    1989
    Medoffice Systems Franchise
    -
    Year Franchised
    Mr. Payroll Franchise
    1992
    Medoffice Systems Franchise
    -
    Term Of Agreement
    Mr. Payroll Franchise
    10 years
    Medoffice Systems Franchise
    -
    Renewal Fee
    Mr. Payroll Franchise
    -
    Medoffice Systems Franchise
    -


    Business Experience Requirements

    Experience
    Mr. Payroll Franchise

  • General business experience
  • Customer service skills
  • Medoffice Systems Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Mr. Payroll Franchise
    No/Yes
    Medoffice Systems Franchise
    -/-
    Start-up Costs
    Mr. Payroll Franchise
    No/Yes
    Medoffice Systems Franchise
    -/-
    Equipment
    Mr. Payroll Franchise
    No/Yes
    Medoffice Systems Franchise
    -/-
    Inventory
    Mr. Payroll Franchise
    No/No
    Medoffice Systems Franchise
    -/-
    Receivables
    Mr. Payroll Franchise
    No/No
    Medoffice Systems Franchise
    -/-
    Payroll
    Mr. Payroll Franchise
    No/No
    Medoffice Systems Franchise
    -/-

    Training & Support

    Training
    Mr. Payroll Franchise
    -
    Medoffice Systems Franchise
    -
    Support
    Mr. Payroll Franchise
    Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations
    Medoffice Systems Franchise
    -
    Marketing
    Mr. Payroll Franchise
    Co-op advertising, Ad slicks
    Medoffice Systems Franchise
    -
    Operations
    Mr. Payroll Franchise
    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)

    Medoffice Systems Franchise
    -

    Expansion Plans

    US Expansion
    Mr. Payroll Franchise
    Yes
    Medoffice Systems Franchise
    -
    Canada Expansion
    Mr. Payroll Franchise
    No
    Medoffice Systems Franchise
    -
    International Expansion
    Mr. Payroll Franchise
    No
    Medoffice Systems Franchise
    -

    Company Overviews

    About Mr. Payroll

    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. Get Started on your journey of discovery!

    About Medoffice Systems