Family Financial Centers - Franchise
Quick Summary
Family Financial Center (FFC) was developed to address the market opportunity created by the loss of neighborhood branch banks and the sub-standard response by many alternative financial service providers. Family Financial Centers is a single source solution for researching, developing and opening your store. We are with you each step of the way. Learn more now!
*Please contact "Family Financial Centers" to confirm the accuracy of any information provided on this page.
Family Financial Centers
Business Cost, Fees & Facts for 2024
| Minimum Cash Required | $75,000 | |
| Year Founded | 2004 | |
| # of Existing Units | 24 |
Available In These States:
- Overview
Family Financial Centers - Franchise
FAMILY FINANCIAL CENTERS LLC
Family Financial Center (FFC) was developed to address the market opportunity created by the loss of neighborhood branch banks and the sub-standard response by many alternative financial service providers.
THE FRANCHISE
Family Financial Centers is a single source solution for researching, developing and opening your store. We are with you each step of the way.
- Market Evaluation
- Financing
- Site Selection
- Lease Negotiation
- Turnkey “Store in a Box”
- Project Management
- Licensing
- Latest Technology
- Classroom and In-store Training
- Ongoing Support
FINANCIAL SERVICES OFFERED
- Check Cashing (payroll, business, government, insurance)
- Mobile Check Cashing
- Bill Payment
- Money Orders
- Wire Transfer
- And more!
TECHNOLOGY IMPACT
We leverage advances in technology to enhance improved cash cycles, fraud prevention, POS database capabilities, reporting, security, surveillance and customer service improvement.
Our customers have benefitted from technology by minimizing their risk to fraud and enhancing their in-store experience.
INDUSTRY MARKET SIZE AND OUTLOOK
Family Financial Centers franchisees are part of the $106 Billion “money service business” (MSB) industry made up of over 13,000 Financial Service Centers across the U.S. They facilitate more than 350 million transactions annually.
WHO DO WE SERVE?
More than 50 million in the U.S. made up of the:
- Unbanked
- Underbanked
Our customers also include:
- Small Businesses
- More than 50% of Americans living paycheck-to-paycheck
FRANCHISE OPTIONS
FamilyFinancial Centers offers a range of franchise options. “Store ’n Store” - This option is for business owners who want to offer our branded menu of services in an existing store that serves our customer base. This includes gas stations, convenience stores, laundromats, tax prep services, etc.
- Single Store - Rather than start-ups, this option includes the acquisition of an existing MSB. Our franchisee acquires an existing independent business and converts it to the FFC system. Franchisees selecting this option are buying BOTH the proven Family Financial Centers operating model and cashflow!
- Conversion - This gives the independent MSB owner the opportunity to convert the operation to the Family Financial Centers model and join the “Family” as a Franchisee.
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