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Home >> Services-General >> Check Cashing/Protection
| CheckCare Systems 8900 Greenway Commons Pl., # 200 Louisville, KY 40220 |
Submit an online form to receive information from CheckCare Systems.
|
Business Description
CHECKCARE SYSTEMS is the fastest-growing check guarantee and verification company in the U.S. Proprietary software and hardware configuration included in total investment. Our national account base makes this opportunity a 'must investigate.'
Franchisor Background
Year Established: 1982
Franchising Since: 1984
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, Virginia, District Of Columbia
Financial Requirements
Average Number of Employees: 13 Full-time, 2 Part-time
Space Needs (in square footage): 2,000
Preferred Sites:
Other Sites: Office Park
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
CHECKCARE SYSTEMS is the fastest-growing check guarantee and verification company in the U.S. Proprietary software and hardware configuration included in total investment. Our national account base makes this opportunity a 'must investigate.'
Franchisor Background
Year Established: 1982
Franchising Since: 1984
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 42 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 42 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Florida | 6 |
| 2. Georgia | 7 |
| 3. Texas | 5 |
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, Virginia, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $100K |
| Cash Investment: | $65-85K |
| Total Investment: | $110-169K |
| Average Total Investment: | $140K |
| Fees: | |
| Initial Franchise Fee: | $12.5-45K |
| Average Franchise Fee: | $29K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | 0.5% |
Space Needs (in square footage): 2,000
Preferred Sites:
Other Sites: Office Park
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 4 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 3 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 7 Year(s) | ||||||||
| Term of Renewal Period: | 7 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 20 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | No | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | At Additional Cost | ||||||||
| Field Operation Evaluation: | At Additional Cost | ||||||||
| Field Training: | At Additional Cost | ||||||||
| Initial Store Opening: | At Additional Cost | ||||||||
| Inventory Control: | At Additional Cost | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Columbus, GA | 2 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from CheckCare Systems.
|
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