United Check Cashing Franchise FDD, Profits & Costs (2025)
United Check Cashing is a U.S.-based franchise specializing in financial services, offering convenient check-cashing and other everyday money-management solutions. The brand traces its roots back to 1977, when it launched its first location in Philadelphia, Pennsylvania.
Over the years, the concept expanded by catering to customers who depend on fast, accessible, cash-focused financial alternatives. The company still operates from its headquarters in Philadelphia, where it manages a network of both franchised and company-operated stores.
Franchise opportunities were introduced in the early 1990s, enabling the business to move beyond its original region and grow into additional markets. Each location operates with a retail banking approach that emphasizes quick service, ease of use, and a familiar environment.
Unlike product-driven concepts, United Check Cashing focuses solely on services. Its menu includes check-cashing solutions, domestic and international money transfers, money orders, bill-payment services, and prepaid financial products.
Initial Investment
How much does it cost to start a United Check Cashing franchise? It costs on average between $226,000 – $297,000 to start a United Check Cashing franchised facility.
This includes expenses related to building out the store, purchasing necessary equipment, securing initial supplies, and covering early operational costs. The total investment varies based on several factors, such as the size of the location, local market conditions, and whether the franchisee leases or buys the retail space.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $30,000 |
| Lease Deposit | $1,500 – $7,000 |
| Grand Opening Advertising | $3,000 |
| Construction and Leasehold Improvements | $50,000 – $65,000 |
| Architect Plans, Equipment, Furnishings, Fixtures, Supplies, POS System, Computer | $75,000 – $80,000 |
| Setup and Networking, and Signs | $1,000 – $10,000 |
| Licenses, Prepaid Insurance, and Professional Services | $1,000 – $10,000 |
| Training Expenses | $500 – $2,000 |
| Cash Inventory | $50,000 – $75,000 |
| Additional Funds (6 months) | $15,000 – $25,000 |
| TOTAL | $226,000 – $297,000 |
Franchise Disclosure Document
Frequently Asked Questions
How many United Check Cashing locations are there?
As of the latest data, United Check Cashing operates approximately 48 locations across the United States.
What is the total investment required to open a United Check Cashing franchise?
The total investment required to open a United Check Cashing franchise ranges from $226,000 to $297,000.
What are the ongoing fees for a United Check Cashing franchise?
United Check Cashing franchisees pay a recurring royalty of 4% to 8% of gross sales. They also contribute a fixed $1,000 annual advertising fee to support brand marketing.
Who owns United Check Cashing?
United Check Cashing is owned by United Financial Services Group, Inc..
Disclaimer
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