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Unicash Financial Centres

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

You'll need $100,000 in liquid capital to open a Unicash Financial Centres. The franchise expects its new franchisees to have a net worth of at least $300,000. The lowest you can expect to invest is $110,000 if you want to become a franchisee. $150,000 is the most that Unicash Financial Centres expects its owners will need to invest in a new location. New franchisees pay Unicash Financial Centres a franchise fee of $25,000.

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