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ShredStation Express

Secure document & electronic data destruction

Background

Founded: 2005 Franchising since: 2008
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.

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