Situated in suburban centers, Family Financial Centers was founded by Paul W. Eckert and offers a traditional bank’s professionalism while providing a host of services, including wire transfers, check cashing, and short-term consumer loans. Rapidly expanding, Doylestown, Pennsylvania-based Family Financial Centers (FFC) offers numerous franchise opportunities for entrepreneurs across the country.
2. Introduction
• Situated in suburban centers, Family Financial Centers
was founded by Paul W. Eckert and offers a traditional
bank’s professionalism while providing a host of
services, including wire transfers, check cashing, and
short-term consumer loans. Rapidly expanding,
Doylestown, Pennsylvania-based Family Financial
Centers (FFC) offers numerous franchise opportunities
for entrepreneurs across the country.
Many first-time franchisees begin with the single-store
plan, which allows for modest, controlled growth. With
unlimited potential volume at a single location, one store
may be enough to achieve revenue goals.
3. Franchise Options
• Entrepreneurs have the opportunity to enroll in a multi-unit
development plan, which allows three to five stores to be
opened in a coordinated manner. A distinct benefit of this
approach involves economies of scale. Store rights’ acquisition
comes with a discounted franchise fee following the first
location.
Entrepreneurs can also acquire existing locations under FFC’s
aggressive strategy of purchasing independent locations and
upgrading them within the franchise system. An increasingly
popular approach is “Store n Store” (SNS), by which business
owners utilize existing high-traffic businesses with
complementary services to launch a co-branded enterprise.
Typical SNS candidates include convenience stores, gas
stations, and tax preparation services.