ShredStation Express
Secure document & electronic data destructionBackground
Founded: 2005 Franchising since: 2008
Franchise Growth
Where Seeking Franchisees
In the U.S.
Exclusive territories available.
|
305 Fellowship Rd., #105 Mount Laurel, New jersey 08054 |
Phone: (856)439-6500 |
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 8 | 0 | 0 | 0 |
| 2008 | 3 | 0 | 0 | 0 |
| 2007 | N/A | N/A | N/A | 0 |
| 2006 | N/A | N/A | N/A | 0 |
| 2005 | N/A | N/A | N/A | 0 |
Where Seeking Franchisees
In the U.S.
Exclusive territories available.
Costs and Fees
|
Total investment: $60.9K-96.9K Franchise fee: $25K |
Ongoing royalty fee: 8% Term of agreement: Term of agreement not renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $50K-100K
Operations
- Franchise can be run from home
- Absentee ownership of franchise is NOT allowed.