Cash Plus Inc.

Founded: 1985 Franchising since: 1988
Founded in 1985, Tustin, California-based Cash Plus was acquired by Craig and Julie Wells in 1996. The company offers check cashing, payday advances, international wire transfers and money orders at its locations across the United States.

3002 Dow Ave., #120 Tustin, California 92780

Phone: (888)707-2274/ (714)731-2274

Franchisor has 13 employee(s); 8 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2008	90	1	0	0
2007	85	1	0	2
2006	80	1	0	2
2005	67	1	0	2

Where Seeking Franchisees

Exclusive territories available.
Territory size: Varies

Special Programs
Cash Plus created the Bravo Kids program, which works with Save the Children in local communities to support underprivileged around the world.

Total investment: $190.2K-269.7K Franchise fee: $35K

Ongoing royalty fee: 5-6% Term of agreement: 10 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	No

Third-party financing source(s): GE Capital, DEL Financial, the SBA, Merchants Bank of California

Qualifications
Net worth requirement: $400K
Cash liquidity requirement: $100K
Business Experience:

• General business experience
• People skills

Operations

• 18% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 3
• Absentee ownership of franchise is allowed. (92% of current franchisees are owner/operators)

Training

• Available at headquarters: 1 week
• At franchisee's location: 1 week
• Additional ongoing training : 90 days

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media

Other marketing support

• National sweepstakes

Franchise 500® rank:
#408 (2009); #278 (2008); #325 (2007); #461 (2005);