Cash Plus Inc.



In the past decade, the number of check cashing outlets in the U.S. has more than tripled as more and more people have found it provides a level of convenience and service not available from traditional banks and finance companies. Cash Plus, founded in 1984, is one of the first companies to apply franchising techniques to the check cashing industry and has developed a "next generation" retail business system which is generating unusually high returns.

Currently, core services consist of check cashing, payday advances, wire transfers, and money orders. As a complement to the core services, supplementary products and services serve important roles in the business attracting new customers, encouraging repeat business, and/or increasing the dollar value of customer transactions. Depending on demographic factors, these supplemental services may include the following: mail box rentals, ATM machines, utility bill payments, Cash Plus MasterCard debit card, prepaid phone cards, notary public service, photo identification cards, copy and fax services, bus pass/token sales, stamps and envelopes, pre-paid phone service, income tax preparation referral program, credit counseling referral and mortgage lending service, as well as lottery sales.


Year Established: 1984
Year First Franchised: 1988
Franchised Units: 50-100
Actual number of units: 60
Company Owned Units: 2
Projected New Units (12 months): 6

States referrals are accepted in:

  • Alabama
  • California
  • Delaware
  • Florida
  • Hawaii
  • Idaho
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Nebraska
  • Nevada
  • Oklahoma
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: No


Financial / Terms

Cash Investment: $100,000
Minimum Investment: $225,000
Minimum Net Worth: $400,000
Franchise Fee: $35,000

Royalty: 6% ($500 min./mo.)
Ad: 3% ($300 min, $500 max./mo.)
Average # of Employees: 4-6
Passive Ownership Allowed: Yes
Earnings Claims: Yes


Total Investment: $225,000 – $300,000
Franchise Fee: Single Unit: $35K / Area Development: $17.5 for balance of stores opened; Express/Kiosk Units $35,000 for 3 Pack
Royalty: Single Unit: 6% / Area Development: 5% for all stores after the 5th Store is Opened
Passive Ownership: Possibly, as long as certain conditions are met.


Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: Yes
Resales: No


International Expansion

International Expansion Opportunities: No
Developing outside of the U.S.: N/A
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: Yes
Cash Investment: N/A
Total Investment: N/A


No International Opportunities


Support & Training Provided

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes


Prior to opening, a 6-day national training course / 4-day in-field store training at franchisee's location / Ongoing training and support.



Get Started!

Freddy O'Pry

Franchise Development