Mr. Payroll Franchise

Financial service centers

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If you have a strong understanding of the financial and operational requirements of running a business and are interested in opening a franchise with a recognized brand name, you've come to the right place! Cash America offers franchising opportunities through its brand, Mr. Payroll. Why choose a Mr. Payroll franchise? With Mr. Payroll, you'll get: *Instant recognition *As part of the Cash America International, Inc. family of companies, Mr. Payroll is one of the most recognized names in the check-cashing industry. *An established, outstanding reputation*Mr. Payroll is well-known for its professional and courteous customer service. *An abundance of knowledge at your fingertips *Mr. Payroll knows how to create attractive and well-organized units. In addition, Mr. Payroll's Licensed System keeps you at the leading edge of technology and provides you with the information you need to get started. *Franchised site within an assigned territory *Proven business practices *Strategic management consultation from industry experts *License to utilize Mr. Payroll's trademarks, store decor, signs and images *Assistance with advertising/marketing campaigns and materials, as requested *Store design, construction services and fixture supply In addition, a Mr. Payroll check-cashing franchise may: *Increase the profile of your business *Free up your sales counter for more efficient operations. Get Started on your journey of discovery!

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
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Please Note: The operators of Mr. Payroll, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Mr. Payroll website.

How much does it cost to open a Mr. Payroll Franchise ?

The investment required to open a Mr. Payroll Franchise is between $60,500 - $151,500 . There is an initial franchise fee of $10,000 -$30,000 which grants you the license to run a business under the Mr. Payroll name.

Individual Franchise Costs

  • Initial Investment:
    $60,500 -
  • Initial Franchise Fee:
    $10,000 - $30,000
  • Royalty Fee:
    10-25%
  • Term of Agreement:
    10 years

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Support
Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations

Marketing
Co-op advertising, Ad slicks

Mr. Payroll Growth History

When did the first Mr. Payroll open? 1989
When did Mr. Payroll start Franchising ? 1992

Year U.S.A. Canada International Corporate
2005 135 0 0 6
2004 139 0 0 6
2003 135 0 0 6
2002 135 0 0 7
2001 134 0 0 10

39% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

General business experience Customer service skills

Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,



How much does a Mr. Payroll Franchise owner make?

How much money you could make as a Mr. Payroll Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Mr. Payroll Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$10,000 - $151,500
Initial Franchise Fee
$10,000 - $30,000
Royalty Fee
10-25%
Term of Agreement
10 years
Latest News
Cash America Announces Terms Of Mr. Payroll Transaction

1999-01-27 View All
Mr. Payroll Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Mr. Payroll and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Mr. Payroll franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.