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Mr. Payroll Check Cashing

Mr. Payroll Check Cashing

Mr. Payroll Corporation (“Mr. Payroll”) consists of a nationwide network of company‑owned and franchised check-cashing facilities located inside convenience stores, neighborhood service centers, or in stand-alone facilities.

Financial Info (Click to Toggle)

Investment Range: $100,001 - $327,000 Franchise Units: 70
Franchise Fees: $25,000 Financing Available: No
Liquid Capital: $50,000 Training & Support: Yes



Mr. Payroll Corporation - General Information:

Mr. Payroll Corporation (“Mr. Payroll”) consists of a nationwide network of company-owned and franchised check-cashing facilities located inside convenience stores, neighborhood service centers, or in stand-alone facilities. In as little as 48 square feet of operating space, a Mr. Payroll check-cashing franchise provides fast check cashing, money orders, bill paying, money transfers and other financial services in one convenient location-and at a minimal cost.

 Mr. Payroll Services:

  • Check Cashing
  • Money Orders
  • Wire Transfers
  • Bill Pay
  • Tax Filing
  • Prepaid Phone Service
  • Prepaid Debit Cards
Mr. Payroll Kiosk


Mr. Payroll is a leader in the check cashing industry with more than 20 years experience. Our business strategy is to competitively offer uniquely-suited, financial services to working class customers. Founded in 1988 and offering franchises since 1990, Mr. Payroll is an industry leader in franchised check cashing services.  It is also a subsidiary of Cash America International, Inc. (listed on NYSE under the symbol “CSH”), the world’s largest operator of pawnshops and specialty financial services.  As of December 31, 2010, we have 116 franchised and company-owned facilities in 16 states.

 Mr. Payrolll States


Mr. Payroll provides valuable non-bank, financial services to hard-working individuals every day. A study conducted in 2008 by the Center for Financial Services Innovation reported that 40 million households (106 million individuals) in the U.S. were under banked. One of the most pressing needs of the “underbanked” is converting their hard earned paychecks into cash. A recent Federal Reserve Bulletin estimated that 28% of all working-class households have the need for check cashing services.*

(*Reference: The Center for Financial Services Innovation. (2008) The Center for Financial Services Innovation’s 2008 Underbanked Consumer Study [Fact Sheet]. Chicago, IL)

Franchisee Package

Our franchisees are provided with all the necessary tools and continued support to help them get their financial services business started and running successfully.

  •  Site Analysis & Demographics
  • Cashier Training Academy
  • New Store Opening Support
  • Soft & Grand Opening Week
  • Market Your New Location
  • On-site Training
  • Check Cashing Software
  • Turnkey Installation

Business Day

A typical business operation for a Mr. Payroll franchise consists of having one employee on duty serving customers six days a week. The business model makes it easy to operate.   The average annual check cashing fee revenue per Mr. Payroll location in 2010 was $122,261.84.*

(*Reference: Mr. Payroll Corporation’s 2011 Franchise Disclosure Document, Item 19, for facilities operating between December 31, 2010 and for at least the full 18 months immediately prior thereto.)

Criteria for Franchise Candidate

Are you a people person that can manage and control all aspects of the business? A franchise owner must take direction from the Mr. Payroll team, operate within Mr. Payroll’s established guidelines, and adhere to the performance standards and practices set forth in Mr. Payroll’s licensed system as described in Mr. Payroll Corporation’s 2011 Franchise Disclosure Document.

If you are driven to succeed, are able to motivate employees through day-to-day operations, know how to market and generate sales and have the financial resources needed to operate a franchise, then Mr. Payroll is ready to work with you. Our franchisees come from many different backgrounds, but all understand the fundamentals of business and have a strong desire to create a successful and profitable Mr. Payroll franchise.

Remember, the value of buying a franchised business is that you are permitted to utilize the franchisor’s business experience. . . a proven, turnkey business model that offers a recognized brand name, training and ongoing support, as well as established products and services, and marketing strategies including continuing research and development for new products and practices.

Mr. Payroll Testimonial


David Hudson of Toot’n Totum Food Stores, where several Mr. Payroll check cashing franchised facilities are situated, discusses his company’s experience as a Mr. Payroll franchisee:

"Toot’n Totum has a long history with Mr. Payroll as its birthplace over 20 years ago. The first 17 years we operated as a landlord for Mr. Payroll experiencing customer growth inside our convenience stores from customers who were getting their checks cashed and, in turn, purchasing miscellaneous items inside and fuel outside.

Toot’n Totum Food Stores purchased the eight existing Mr. Payroll locations inside our stores 3½ years ago. We added two additional locations outside Amarillo after operating the original eight locations. Check cashing is our core business income although we have added money orders, wire transfers, utility payments and pre-paid services to our financial service platform. As the opportunity arises we will continue to look for additional sites to add to our current 10 locations."
- David Hudson
Toot’n Totum Food Stores


Mr. Payroll was named the #1 Check Cashing Franchise by Entrepreneur  Magazine the last 3 years running and was ranked #1, Best of the Best, in the Check Cashing category, in Entrepreneur’s 2011 Franchise 500.

Mr. Payroll Entrepreneur Franchise 500 Mr. Payroll Entrepreneur 500



Investment & Financial Info

Financial Information
Name Value
Liquid Capital: $50,000
Franchise Fee: $25,000
Franchise Units: 70
Financing Available: No
Training & Support: Yes

All financial information is provided by the franchise, business opportunity, business for sale or other advertiser, and that information is relied entirely on for the truthfulness and accuracy of the information provided.

About Accounting and Financial Services Franchises

Financial services franchises serve individuals and businesses by performing every day financial tasks including bookkeeping, consulting, lifestyle training, expense reduction and retirement planning.

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