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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.
Below is a quick comparison of Unicash Financial Centres against other Cheque Cashing/Currency Exchange franchises and business opportunities. For an in depth comparison of Unicash Financial Centres with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
ACE America's Cash Express | $15,000-$30,000 | 6% | $143,200-$279,100 | |
Cash Plus | $35,000 | 5-6% | $300-$500/mo. | $198,000-$539,800 |
Cash-X | $25,000-$50,000 | $50,000 | ||
Express Financial Centers | $14,500-$34,500 | $300/Mo. or 5% | $45,600-$223,500 | |
Family Financial Centers | $40,500 | $275+/mo. | $153,710-$307,010 | |
United Check Cashing | $30,000 | Varies | $226,000-$297,000 |