Family Financial Centers franchise
2022 filing · April 1, 2022GrowingShares sales figures
Family Financial Centers at a glance
A neighborhood financial service center offering check cashing, money orders, bill payment and loans. At the end of 2021 there were 53 Family Financial Centers locations in the US, all franchised.
The business
- Industry
- Business services
- Franchisor
- Family Financial Centers, LLC
- The company that sells the franchises
- Franchising since
- 2004
- 18 years of selling franchises
- Franchisor based in
- Doylestown, Pennsylvania
- Typical size
- 800–2,000 sq ft
What you pay
- Cost to open
- $224K–$309K
- A standard Family Financial Centers store
- Franchise fee
- $40,500
- Paid once, when you sign
- Royalty
- 0.2% of checks cashed + minimum
- The greater of $275 a month or 0.2% of the face amount of checks cashed and debit transactions plus 5% of fees collected on gold purchases and loans
- Brand fund
- None now
- No brand fund
- Renewal fee
- $15,000
- When the agreement ends and you sign again
- Agreement length
- 15 years
- Franchisor financing
- Introductions to lenders
Where it is
- US locations, 2021
- 53
- Franchised and company-owned
- Franchised
- 53
- Company-owned
- 0
- Change in 2 years
- +6
- Franchised locations, 2019–2021
- States
- 12
- Most in Pennsylvania, New Jersey and Connecticut
Support and records
From Family Financial Centers, LLC’s 2022 filing; revenue and net income from its audited financial statements, page 129; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Family Financial Centers among all franchises with the same figure.
| Figure | Family Financial Centers | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $266,570 | Costs less than 60% of franchises |
| Franchise feePaid once, when you sign | $40,500 | Higher than 54% of franchises |
| US locationsFranchised and company-owned | 53 | More than 66% of franchises |
How much a Family Financial Centers franchise costs
Opening a standard Family Financial Centers store costs an estimated $224,470 to $308,670. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are furniture, fixtures, and equipment ($83,000) and opening inventory ($60,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,500 | ||
| Lease Deposit | $1,000 | $3,000 | |
| Construction and Build-out | $27,500 | ||
| Furniture, Fixtures, and Equipment | $83,000 | ||
| Opening Inventory | $60,000 | ||
| Opening Advertising | $3,000 | $5,000 | |
| Initial Training | $1,000 | $2,000 | |
| Licensing Fees | $3,000 | $4,000 | |
| Customer Identification Software (LexisNexis or Accurint) | $70 | ||
| Additional Funds (3 months) | $5,400 | $33,600 | |
| Certificate of Deposit | $0 | $50,000 | |
| Total | $224,470 | $308,670 | |
Source: Family Financial Centers, LLC, 2022 filing, page 18
Family Financial Centers franchise fee
The franchise fee is $40,500. You pay it when you sign the franchise agreement.
Source: Family Financial Centers, LLC, 2022 filing, page 12
Royalty and ongoing fees
| Royalty | The greater of $275 a month or 0.2% of the face amount of checks cashed and debit transactions plus 5% of fees collected on gold purchases and loans. |
|---|---|
| Brand or marketing fund | No brand fund |
| Customer Identification Software (subscription) | $70 per month |
| Transfer Fee | $36,500 |
| Renewal Fee | $15,000 |
| Employee Training Fee | $1,000 |
| Local Advertising Requirements | 2% of Gross Revenues |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Family Financial Centers, LLC, 2022 filing, page 13
Other fees as filed, from pages 13–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Family Financial Centers publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Family Financial Centers, LLC, 2022 filing, page 39
SBA loans to Family Financial Centers franchisees
Lenders approved one SBA 7(a) loan for a Family Financial Centers franchisee in 2021, for $150K. It hasn’t been paid off or charged off yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Family Financial Centers compares
Of the 324 business services franchises on this site, Family Financial Centers is the 288th cheapest to open and the 117th largest by number of locations.
| Figure | Family Financial Centers | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $224K | $77K | $222K |
| Cost to open, high end | $309K | $136K | $477K |
| Franchise fee | $41K | $45K | $40K |
| US locations | 53 | 32 | 21 |
| Closed or left per year | 3.1% | 6.9% | – |
| Change in franchised locations, 2 yrs | +12.8% | +3.8% | – |
| Shares earnings figures | Yes | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 48 (+1) | 0 | +2 | −1 |
| 2020 | 48 (0) | 0 | – | – |
| 2021 | 53 (+5) | 0 | +7 | −2 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Family Financial Centers, LLC, 2022 filing, page 41
Where Family Financial Centers locations are
At the end of 2021, Family Financial Centers had franchised locations in 12 states. The most are in Pennsylvania, New Jersey and Connecticut.
- Pennsylvania25
- New Jersey12
- Connecticut4
- Florida2
- Louisiana2
- Massachusetts2
| State | Franchised |
|---|---|
| Pennsylvania | 25 |
| New Jersey | 12 |
| Connecticut | 4 |
| Florida | 2 |
| Louisiana | 2 |
| Massachusetts | 2 |
| Alabama | 1 |
| Georgia | 1 |
| Indiana | 1 |
| New York | 1 |
All 12 states
| South Carolina | 1 |
|---|---|
| Texas | 1 |
Source: Family Financial Centers, LLC, 2022 filing, page 42
Who owns Family Financial Centers?
Family Financial Centers franchises are sold by Family Financial Centers, LLC.
From Family Financial Centers, LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 11. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Family Financial Centers, LLC, 2022 filing, litigation on page 11, bankruptcy on page 11
Family Financial Centers filings
The figures on this page come from Family Financial Centers, LLC’s 2022 filing, issued April 1, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 1, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
