Proshred Franchising Corp.

At a Glance

Products & Services: Mobile on-site data destruction/shredding/recycling

Number of Locations: 35

Total Investment: $333K - $478K

Founded: 2004

Began Franchising: 2004

Franchise Units

Year U.S. Canadian International Company Owned
2013 25 0 5 5
2012 19 0 3 3
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $333,000 - $478,000
Franchise Fee: $35,000
Ongoing Royalty Fee: 6.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $750,000 - $1,000,000
Liquid Cash Available: $250,000 - $300,000
Operations
Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

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, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,