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Express Financial Centre

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Express Financial Centre

Express offers the franchisee a competitive advantage of having a highly automated system that establishes membership accounts for customers and then cash checks, make short term payday loans (automat

Description

Rarely does an outstanding opportunity come along. Express Financial Centers is one of those rare opportunities. Business is booming. Come join us. People talk about the opportunity and the positive financial model of the check cashing and payday loan business. Operators have gone into various components of the business with various models. It is a business that takes few people to operate and little inventory other than cash. However, over the years the check cashing and payday loan segment has changed a great deal. What started to be a product being marketed to lower income customers located in urban areas in a less than attractive setting continues to evolve into a suburban middle income attractive alternative financial center. This requires automated systems in locations that are clean, professional and well branded to serve this middle income client. At Express Financial Centers we bring the right mix of products, systems, training, business relationships and support with the look and service of the traditional community bank in your backyard featuring alternative financial services most requested. We do much more than cash a few checks. Express Financial Center as the name implies is a financial center featuring many financial based products. We are a west coast operation looking for franchisees currently only in the western and midwestern United States. This translates an offering of products to your kind of customers with support in your time zone and a marketing plan that is more effectually pooled together.

Financial Comments

Full Service Store Front franchise - This is our complete store that includes the complete variety of services. * Franchisee fee: $24,500. * * Estimated total investment $90,600 to $223,500. * * Royalty: The greater of $300 or 5% of the gross receipts. * Usually 1,000 to 1,500

Training / Support

yes

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Franchise details

  • Franchise category:
    PayDay Loans
  • Franchise type
    OfficeBased franchise
  • Year established
  • Franchising since:
  • Franchised units:
    0
  • Provides financing?
    No
  • Start-up cash:
  • Investment:
    $200,000 - $300,000
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