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Unicash Financial Centres

Franchise

The Unicash group of companies started its operations in 1990 and, throughout its history, has met the demand of thousands of Canadians, providing convenient solutions in the alternative financial services industry. 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.

Facts & Figures

Liquid capital required
$100,000
Net worth required
$300,000
Investment
$110,000 - $150,000
Franchise fee
$25,000

Overview

$100,000 is required in available capital if you want to become a franchisee. The franchise expects its new franchisees to have a net worth of at least $300,000. The minimum you would expect to invest in a Unicash Financial Centres location is $110,000. The high end of the total investment required to open a franchise is $150,000. $25,000 is the franchise fee new franchisees pay the franchisor.

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