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Parcel Plus

At a Glance

Products & Services: Packing, shipping & cargo services

Number of Locations: 67

Total Investment: $152.2K - 198.4K

Founded: 1986

Began Franchising: 1988

Private Owned

About Parcel Plus

Parcel Plus provides retail packaging, freight, cargo, crating and international shipping. The company has locations across the United States and the Caribbean. Parcel Plus' parent company, the International Center For Entrepreneurial Development (ICED), also owns franchise companies Copy Club, Franklin's Printing, Kwik Kopy Printing, Kwik Kopy Business Centers, American Wholesale Thermographers and The Ink Well of America.

Franchise Units

Year U.S. Canadian International Company Owned
2008 67 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $152,200 - $198,400
Franchise Fee: $35,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Liquid Cash Available: $45,000
Operations
3% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 2-1/2 weeks. At franchisee's location: 1-1/2 weeks. Operational visit : 1-2 days.
Ongoing Support: Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations,
Marketing Support: Ad slicks, National media,
Other marketing support: Marketing, mailing & telemarketing services