Family Financial Centers

Family Financial Center is the closest thing to owning a neighborhood branch bank. We have a bank look and feel, and we offer a full menu of financial services to the "un-banked" or "under-banked" customer, typically a middle-income working family. Our services include check cashing, money orders, wire transfer, electronic bill payment, and tax-preparation services.

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Family Financial Centers

Family Financial Centers Franchise Cost and Requirements for 2022

Background

FFC offers a full array of financial services and is committed to raising the standard for alternative financial service providers both for product offerings and the way they are delivered to the market. Family Financial Centers have the systems, ambience and professionalism of a traditional bank and are conveniently located to our customer's home or work.

We are fully automated with systems that keep the average transaction time to just a few minutes, allowing our customers to have all of their financial needs taken care of conveniently and efficiently, in an environment that is upbeat, professional and friendly.

Because most of the industry is not aware of or committed to the fundamentals of branding, marketing, and automated systems, it is FFC franchisees' competitive advantage to attract and build market share with a consumer base that is eager for a quality service provider. Additionally, FFC will be very active in developing new products and services that its franchisees can then market to their existing customer base, further cementing that relationship and differentiating the FFC brand from the rest of the pack. Finally, and perhaps most importantly, franchisees have an experienced corporate management team with a support staff that can properly set up their stores and provide the training they need to launch their businesses, and work with them on an ongoing basis to successfully build those businesses.

The Franchise

If you're looking for a "single source" solution for researching, developing and opening your store, FFC is the place for you. We will lead you through the maze of starting a business from initial discussion to store opening and support you thereafter. We're there each step of the way.

  • Market Evaluation
  • Site Selection
  • Lease Negotiation
  • Turnkey "Store in a Box"
  • Project Management
  • Licensing
  • Classroom and in-store Training
  • Ongoing Support

Company Details

Established: 2004
First Unit Franchised: 2005
Franchised Units: 50
States Registered In: AL, CT, DE, FL, GA, LA, MA, NJ, NY, NC, OK, PA, and SC.
States NOT Regesitered In: CA, MI, MN, ND, RI, SD, WA state and WY.

Support and Training Offered By Family Financial Centers

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: No
Training: 1 week classroom training, and 1 week of in-store training.
Other Info: We also do Area Development in selective areas, and acquisiiton/conversion opportunities for those looking for existing cash-flow.

2022 Franchise Requirements Needed to Own a Family Financial Centers Franchise.

What does a Family Financial Centers Franchise Cost?

Family Financial Centers franchise fees for 2022:

Cash Investment: $100,000+
Total Investment: $149,710 - $303,010+
Minimum Net Worth: $500,000
Franchise Fee: $40,500
Royalty: .002% of check volume
Average Number of Employees: 2 (1 FT, 1 PT)
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: Yes

Is Family Financial Centers a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Family Financial Centers is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Family Financial Centers a Home Based franchise?

No. Family Financial Centers is not a home based franchise opportunity.

What Do Family Financial Centers Franchise Owners Make?

Click here to find out how much Family Financial Centers franchisees make. Family Financial Centers offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Family Financial Centers a Master Franchise Opportunity?

No. Family Financial Centers is not a master franchise opportunity.

Does Family Financial Centers Offer a Veteran Discount?

Yes. Family Financial Centers franchise does offer a veteran discount.

Does Family Financial Centers Work with E2 Visa and EB-5 Visa Candidates?

No. Family Financial Centers franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Family Financial Centers Looking for Franchisees in Canada?

No. Family Financial Centers franchise is not looking for Canada franchisees.

Is Family Financial Centers Looking for International franchisees?

No. Family Financial Centers franchise is not looking for International franchisees.

Additional Information

Additional Categories

Financial Services, Retail

Number of Units Open

50-100 UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

Family Financial Centers Franchises for Sale

Click Here to inquire about existing Family Financial Centers franchises for sale. We may have Family Financial Centers franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.