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Mister Money - USA
2057 Vermont Dr.
Ft. Collins, CO 80525-2913




Submit an online form to receive information from Mister Money - USA.
Business Description

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

Year Established:  1976

Franchising Since:  1996

Operating Units:

Franchised Units:

35

71.4%
Company-Owned Units:1428.6%
 
Total Operating Units:
49
100.0%
 
Geographic Distribution:
U.S.:4795.9%In 11 States
Canada:00%In 0 Canadian Provinces
International:24.1%In 0 Foreign Countries
 
Total:
49
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Colorado9
2. Iowa13
3. Wisconsin4

Registered in Following Registration States: Florida, Illinois, Indiana, Minnesota, North Dakota, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth: $65K
Cash Investment:$65-150K
Total Investment:$65-200K
Average Total Investment:$132K
 
Fees:
Initial Franchise Fee:$21.5-24.5K
Average Franchise Fee:$23K
On-Going Royalty:3-5%
Average Royalty:4%
Advertising Fee:3%
 
Average Number of Employees: 3 Full-time, 1 Part-time

Space Needs (in square footage): 4,000-10,000

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:3
Formal Education:3
Psychological Profile:5
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?No
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 25
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
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:At Additional Cost
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Included in Fees
 
Training:
1. Fort Collins, CO10-14 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 12

U.S.:

Yes, All United States
Canada:No
Overseas:Yes, Mexico
Submit an online form to receive information from Mister Money - USA.