Cash Plus vs ACE America's Cash Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cash Plus vs ACE America's Cash Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Cash Plus Franchise
ACE America's Cash Express Franchise
Investment $198,000 - $539,800$143,200 - $279,100
Franchise Fee $35,000$15,000 - $30,000
Royalty Fee 5-6%6%
Advertising Fee $300-$500/mo.-
Year Founded 19851968
Year Franchised 19881996
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5000$500


Business Experience Requirements
 
Cash Plus Franchise
ACE America's Cash Express Franchise
Experience
  • Friendly personal skills; some general business experience helpful; employee supervision experience a plus

  • General business experience
    		•

    Financing Options
     
    Cash Plus Franchise
    ACE America's Cash Express Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Cash Plus Franchise
    ACE America's Cash Express Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, National mediaCo-op advertising, Ad slicks
    Operations 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)

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators)

    Expansion Plans
     
    Cash Plus Franchise
    ACE America's Cash Express Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Cash Plus

    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.
    The total investment required typically falls in the $198,200 to $284,700 range for a single store franchise, and $365,600 to $539,800 for three (3) new Cash Plus Express locations. You’ll also need a minimum net worth of $400,000, with $100,000 liquid.

    About ACE America's Cash Express

    Founded in 1968, ACE Cash Express is headquartered in Irving, Texas and has locations throughout the U.S. Stores provide financial services such as money orders, small consumer loans, bill payment services, and prepaid local and long-distance telecommunications services.

    The public company is traded on the NASDAQ under the AACE symbol.