Family Financial Centers Franchise FDD, Profits & Costs (2025)
Family Financial Centers (FFC) was launched in 2004 by Paul W. Eckert as a response to the steady disappearance of local community banks. The brand, headquartered in Doylestown, Pennsylvania, began offering franchise opportunities the same year it was founded and has since expanded into a network of more than 50 locations nationwide.
The concept was created to provide an accessible financial alternative for small businesses, working-class individuals, and those without access to traditional banking services.
Franchise locations deliver a broad lineup of services, including check cashing, bill payment, money transfers, prepaid debit card programs, and even tax preparation. Each center is designed to resemble a conventional bank branch, giving customers a professional environment for handling their financial needs with ease.
To support reliability and customer trust, FFC invests heavily in technology, using advanced software solutions and security measures that allow for fast, accurate, and secure transactions.
Initial Investment
How much does it cost to start a Family Financial Centers franchise? It costs on average between $244,000 – $309,000 to start a Family Financial Centers franchised center.
This includes expenses for leasehold improvements, furniture, fixtures, equipment, technology systems, and initial working capital. The total investment varies based on several factors, including the size and location of the center, local market conditions, and whether the franchisee decides to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $40,500 |
| Lease Deposit | $1,000 to $3,000 |
| Construction and Build-out | $27,500 |
| Furniture, Fixtures, and Equipment | $83,000 |
| Opening Inventory | $60,000 |
| Opening Advertising | $3,000 to $5,000 |
| Initial Training | $1,000 to $2,000 |
| Licensing Fees | $3,000 to $4,000 |
| Customer Identification Software | $70 |
| Additional Funds (3 months) | $5,400 to $33,600 |
| Certificate of Deposit | $0 to $50,000 |
| Total | $224,470 to $308,670 |
Average Revenue (AUV)
How much revenue can you make with a Family Financial Centers franchise? A Family Financial Centers franchised location makes on average $151,000 in revenue (AUV) per year.
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Frequently Asked Questions
How many Family Financial Centers locations are there?
As of the latest available data, Family Financial Centers operates 53 franchised units with no company-owned locations.
What is the total investment required to open a Family Financial Centers franchise?
The total investment required to open a Family Financial Centers franchise ranges from $224,000 to $309,000.
What are the ongoing fees for a Family Financial Centers franchise?
Family Financial Centers franchisees pay a royalty that is the greater of $250 per month or a combination of 0.2% of all check and debit transactions plus 5% of gross revenues (excluding those services).
In addition, franchisees must spend at least 2% of gross revenues on local advertising, contribute $1,500 annually to a promotional fund (subject to a 10% yearly increase), and may be required to contribute up to 2% of gross revenues to a national marketing fund if established.
What are the financial requirements to become a Family Financial Centers franchisee?
To qualify as a Family Financial Centers franchisee, you need a minimum net worth of $500,000 and liquid capital of at least $150,000 to $300,000. These requirements ensure that franchisees have both the overall financial stability and the accessible funds needed to establish and operate a location.
How much can a Family Financial Centers franchise owner expect to earn?
The average gross sales for a Family Financial Centers franchise are approximately $0.15 million per location. Assuming a 15% operating profit margin, $0.15 million yearly revenue can result in $23,000 EBITDA annually.
Who owns Family Financial Centers?
The Family Financial Centers franchise is owned by Paul W. Eckert, who founded the company in 2004 and continues to lead it through its headquarters in Doylestown, Pennsylvania.
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