Mr. Payroll vs SBF Payroll Franchise Comparison

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

Start-Up Costs and Fees

Mr. Payroll Franchise
SBF Payroll Franchise
Investment $60,500 - $151,500$35,800 - $132,000
Franchise Fee $10,000 - $30,000N/A
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
SBF Payroll Franchise
  • General business experience
  • Customer service skills
  • -

    Financing Options

    Mr. Payroll Franchise
    SBF Payroll Franchise
      In-House/3rd PartyIn-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
    SBF Payroll 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
    SBF Payroll Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    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 SBF Payroll

    Are you searching for a business that grows despite the ups and downs of the economy? A payroll business is proven to be recession proof while offering the advantages of stable recurring income and high growth. Every business owner needs payroll. By owning an SBF Payroll franchise you can offer business owners superior service at the best value - saving them time and money.SBF Payroll is a leader in the payroll industry because we offer better service at a lower price than the big name competitors. We continue to attract business owners who are looking for superior service and perfect accuracy. By owning an SBF Payroll franchise you can join a growing team of entrepreneurs offering the very best payroll service available. We are looking for a limited number of qualified candidates to own and operate an SBF Payroll franchise in your area. Contact our office to learn how you can own your own SBF Payroll Franchise. Why own an SBF Payroll Franchise? * Low Initial Investment * Low Royalty Fees * Strong Predictable Cash Flow * Minimum Overhead * Can Be Home Based * Recession Resistant * Turnkey Business * Proven Concept * Huge Profit Margin * No Weekend or Evening Work * No Inventory * Seven Figure Income Potential * Experienced Support Team to Help You Succeed & Grow * Sales & Marketing Training