About Family Financial Centers Franchise
Family Financial Centers is a financial services franchise operated by Family Financial Centers, LLC, offering a range of consumer financial products and services.
With a franchise fee of $40,500, the brand provides entrepreneurs with the opportunity to open and operate retail financial service centers serving their local communities.
The franchise model focuses on delivering essential financial services to consumers, including check cashing, money orders, bill payment, tax preparation, and other financial products that serve the everyday needs of working families.
Family Financial Centers Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,500 | One-time payment upon signing |
| Royalty Fee | 1.0% of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Revenues | National brand fund |
| Total Investment Range | $153,570 – $308,010 | Includes build-out, inventory, working capital |
The investment range of $154K–$308K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (1.0%) and marketing fee (2% of Gross Revenues) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee1 | $40,500 | $40,500 |
| Lease Deposit2 | $1,000 | $3,000 |
| Construction and Build-out3 | $27,500 | $27,500 |
| Furniture, Fixtures, and Equipment4 | $83,000 | $83,000 |
| Opening Inventory5 | $60,000 | $60,000 |
| Opening Advertising6 | $3,000 | $5,000 |
| Initial Training7 | $1,000 | $2,000 |
| Licensing Fees8 | $3,000 | $4,000 |
| Customer Identification Software (LexisNexis or Accurint) | $70 | $70 |
| Additional Funds (3 months)9 | $5,400 | $33,600 |
| Certificate of Deposit10 | $0 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $36,500 |
| Renewal Fee | $15,000 |
| Technology Fee | $70 |
| Audit Fee | Payable to bookkeeper, CPA, or FFC and only if you fail to furnish required info |
| Promotional Fund | $175 |
| Marketing Package | $79 |
| Interest and Penalty on late payments | This amount will vary based upon law but will be the highest contract rate of in |
| Insurance | $200 |
| Financial Reporting Package | Payable to bookkeeper, CPA, or FFC and only if you fail to furnish required info |
| Replacement Fee for Manuals | $5,000 |
| Employee Training Fee | $1,000 |
| Independent Review Fee7 | $1,500 |
| Liquidated Damages | $49,500 |
| Fees | For the Financial Services Package: 50% of the gross check-cashing fees |
| Interest and Penalty on late payments | This amount will vary based upon law but will be the highest contract rate of in |
| Financial Reporting Package | Payable bookkeeper, CPA, or FFC and only if you fail to furnish required informa |
| Replacement Fee for Manuals | $5,000 |
| Lease Deposit2 | $1,000 |
| Construction and Build-out3 | $27,500 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | protected |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you are in good standing you may renew for two additional five-year terms. |
| Termination for Cause | We can only terminate if you are in default. |
Family Financial Centers Franchise Earnings — Item 19
Family Financial Centers does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Family Financial Centers Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Family Financial Centers System Growth
Family Financial Centers currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 48 | ||
| 2019 | 0 | ||
| 2019 | 48 | ||
| 2020 | 48 | ||
| 2020 | 0 | ||
| 2020 | 48 | ||
| 2021 | 53 | ||
| 2021 | 0 | ||
| 2021 | 53 |
Family Financial Centers Franchise — FAQ
Interested in Family Financial Centers?
Get free info on this franchise. We will send you a detailed FDD report by email.