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Entrepreneur: Start & Grow Your Business

Parcel Plus

Packing, shipping & cargo services

Background

Founded: 1986 Franchising since: 1988
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.
12715 Telge Rd.
Cypress, Texas 77429
Phone:
(888)280-2053


Franchisor is a privately-held company with 155 employee(s); 100 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 67 0 0 0
2007 87 0 0 1
2006 70 0 0 0
2005 99 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 3-mile radius

Costs and Fees

Total investment: $152.2K-198.4K
Franchise fee: $35K
Ongoing royalty fee: 6%
Term of agreement: 15 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Cash liquidity requirement: $45K
Business Experience:
  • General business experience
  • Marketing skills

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)

Training and Support

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

Rankings

Franchise 500® rank:
#469 (2006); #260 (2005);