Mister Money - USA
Mister Money - USA
2057 Vermont Dr.
Ft. Collins, CO 80525-2913
800#: (800) 827-7296 + 137
Tel: (970) 493-0574
Fax: (970) 490-2099
E-Mail: [email protected]
Web Site: www.mistermoney.com
Contact: Mr. Scott Lanham, National Sales Manager
MISTER MONEY - USA franchises offer pawn loans, payday loans, check cashing, money orders, and other financial services. Franchisees operate full-service retail stores or loan only outlets. MISTER MONEY - USA stores are modern, customer friendly and located in solid blue collar areas.
Franchisor Background
Established: 1976
First Franchise: 1996
Franchise Units: 35
Company-Owned Units: 14
Total Units: 49
Distribution:
U.S. -- 47;
Canada -- 0;
International -- 2
-North America -- Operations in 11 States
-States/Provinces with Greatest Density: 13 in IA, 9 in CO, 4 in WI
Projected New Units Over Next 12 months: 12
Franchisee Qualifications: 5, 4, 3, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: FL,IL,IN,MN,ND,WI (Click here for an explanation)
Average Number of Employees: 3 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 4,000-10,000 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $65-150K
Total Investment: $65-200K
Average Total Investment: $132.5K
Minimum Net Worth: $65K
Fees:
-Franchise: $21.5-24.5K
-Average Franchise Fee: $23.0K
-Royalty: 3-5%
-Average Royalty: 4.0%
-Advertising: 3%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(D)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 25
On-Going Support: a,B,C,D,E,F,G,I (Click here for an explanation)
Training: 10-14 Days Fort Collins, CO.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: Mexico
Note: NR = No Response by Franchisor.
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