Franchimp Summary Rating
Lower than 9% of peers
Franchise Summary
Description
ACE Cash Express is a financial services franchise founded in 1968 that offers quick access to cash through services like check cashing, payday loans, money transfers, prepaid debit cards, bill payment, and tax preparation. Targeting underbanked and unbanked individuals, the franchise operates under a model that supports franchisees while navigating a complex regulatory environment.
Employee Contact Database
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FAQ
How much investment do I need to start my own ACE CASH EXPRESS business?
Franchisees typically require at least $141,632 to $141,632 investment to get their ACE CASH EXPRESS business started
What are the initial franchise fees for ACE CASH EXPRESS?
Franchisees typically need to pay at least $15,000 in fees directly to ACE CASH EXPRESS in order to earn the right to launch their business
How much money can I make with a ACE CASH EXPRESS franchise? What are
the average revenues for a typical ACE CASH EXPRESS business?
We haven’t done the math on how much revenue a typical
ACE CASH EXPRESS brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$952,375 revenue, so we would expect
ACE CASH EXPRESS to generate a similar amount
How long do I need to commit to running a ACE CASH EXPRESS unit? What
is my contractual commitment?
ACE CASH EXPRESS franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$19,500 to $62,000
which is
Much Lower
than the $0 to $0 average in the Business-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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