United Check Cashing franchise
2026 filing · March 30, 2026Fewer locationsShares sales figures
United Check Cashing at a glance
A check cashing store offering money orders, money transfers, bill payments, debit cards and related services. At the end of 2025 there were 43 United Check Cashing locations in the US, all franchised.
The business
- Industry
- Retail
- Franchisor
- United Financial Services Group, Inc
- The company that sells the franchises
- Franchisor based in
- Voorhees, New Jersey
- Typical size
- 1,000–1,500 sq ft
What you pay
- Cost to open
- $226K–$297K
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- $10,000 to convert an existing check cashing business
- Royalty
- 0.2% of checks cashed
- 0.2% of the face amount of checks cashed and sums deposited, plus 5% of gross receipts from other services, paid monthly
- Brand fund
- Yes
- $1,000 a year, paid monthly, rising up to 10% a year
- Agreement length
- 15 years
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 43
- Franchised and company-owned
- Franchised
- 43
- Company-owned
- 0
- Change in 3 years
- −21
- Franchised locations, 2023–2025
- States
- 5
- Most in Pennsylvania, New Jersey and Delaware
Support and records
From United Financial Services Group, Inc’s 2026 filing; revenue and net income from its audited financial statements, page 98; 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
United Check Cashing among all franchises with the same figure.
| Figure | United Check Cashing | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $261,500 | Costs less than 61% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| US locationsFranchised and company-owned | 43 | More than 62% of franchises |
How much a United Check Cashing franchise costs
Opening one United Check Cashing costs an estimated $226,000 to $297,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are architect plans, equipment, furnishings, fixtures, supplies, POS system, computer setup and networking, and signs ($75,000 to $80,000) and cash inventory ($50,000 to $75,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $30,000 | ||
| Lease Deposit | $1,500 | $7,000 | |
| Grand Opening | $3,000 | ||
| Construction, Leasehold Improvements | $50,000 | $65,000 | |
| Architect Plans, Equipment, Furnishings, Fixtures, Supplies, POS System, Computer Setup and Networking, and Signs | $75,000 | $80,000 | |
| Licenses, Prepaid Insurance, and Professional Services | $1,000 | $10,000 | |
| Training Expenses | $500 | $2,000 | |
| Cash Inventory | $50,000 | $75,000 | |
| Additional Funds (6 months) | $15,000 | $25,000 | |
| Total | $226,000 | $297,000 | |
Source: United Financial Services Group, Inc, 2026 filing, page 16
United Check Cashing franchise fee
The franchise fee is $30,000, $10,000 to convert an existing check cashing business. You pay it when you sign the franchise agreement.
Source: United Financial Services Group, Inc, 2026 filing, page 13
Royalty and ongoing fees
| Royalty | 0.2% of the face amount of checks cashed and sums deposited, plus 5% of gross receipts from other services, paid monthly. |
|---|---|
| Brand or marketing fund | $1,000 a year, paid monthly, rising up to 10% a year. |
| Tellermetrix or Cashwise Software Maintenance Fee | $3,660 |
| Transfer Fee | $10,000, unless waived |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: United Financial Services Group, Inc, 2026 filing, page 14
Other fees as filed, from pages 14–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures United Check Cashing publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: United Financial Services Group, Inc, 2026 filing, page 44
SBA loans to United Check Cashing franchisees
Lenders approved 36 SBA 7(a) loans for United Check Cashing franchisees from 1998 to 2023, $6.69M in all. Of the 34 that have ended, 24 were paid in full and 10 were charged off (29.4%). The other 2 haven’t ended 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
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | United Check Cashing | Typical retail brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −10% / −33% | −0.4% / 0% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 10% / 33% | 5.4% / 18% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical retail brand is the median of the 114 brands in retail franchises with three years of counts.
How United Check Cashing compares
Of the 302 retail franchises on this site, United Check Cashing is the 169th cheapest to open and the 134th largest by number of locations.
| Figure | United Check Cashing | Typical retail brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $226K | $198K | $222K |
| Cost to open, high end | $297K | $425K | $477K |
| Franchise fee | $30K | $35K | $40K |
| US locations | 43 | 38 | 21 |
| Shares earnings figures | Yes | 187 of 302 | 2,147 of 3,352 |
Typical is the median across the 302 brands in retail franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 52 (−12) | 0 | 0 | −12 |
| 2024 | 48 (−4) | 0 | 0 | −4 |
| 2025 | 43 (−5) | 0 | 0 | −5 |
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: United Financial Services Group, Inc, 2026 filing, page 46
Where United Check Cashing locations are
At the end of 2025, United Check Cashing had franchised locations in 5 states. The most are in Pennsylvania, New Jersey and Delaware.
- Pennsylvania18
- New Jersey17
- Delaware4
- New York2
- Connecticut1
| State | Franchised |
|---|---|
| Pennsylvania | 18 |
| New Jersey | 17 |
| Delaware | 4 |
| New York | 2 |
| Connecticut | 1 |
Source: United Financial Services Group, Inc, 2026 filing, page 47
Who owns United Check Cashing?
United Check Cashing franchises are sold by United Financial Services Group, Inc.
From United Financial Services Group, Inc’s 2026 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 pages 12–13. |
|---|---|
| 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: United Financial Services Group, Inc, 2026 filing, litigation on pages 12–13, bankruptcy on page 13
United Check Cashing filings
The figures on this page come from United Financial Services Group, Inc’s 2026 filing, issued March 30, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | March 30, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
