Proshred Franchising Corp.
At a Glance
Products & Services: Mobile on-site document destruction/shredding
Number of Locations:
Total Investment: $359.5K - 464.5K
Founded: 2004
Began Franchising: 2004
Startup Costs, Ongoing Fees and Financing
Total Investment: $359,500 - $464,500
Franchise Fee: $35,000
Ongoing Royalty Fee: 6.5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $35,000
Ongoing Royalty Fee: 6.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000 - $100,000
Operations
Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed..| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week. Ongoing support
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,