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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$88K - $124K
Units as of 2020
2 Increase 100.0% over 3 years

Nexterus Franchising is a supply chain technology and management company based in New Freedom, Pennsylvania. Nexterus Franchising is a family-owned business organization that has experience working with global, national, and regional transportation companies. These may include truckload, air, ocean, LTL, and parcel corporations. 

Nexterus Franchising may be known for its innovative technology and client loyalty. Nexterus Franchising believes it can keep client relationships for an average of 15 years. Some services Nexterus Franchising provides consist of consultation on transportation management, warehousing, distribution, and business analysis.

Nexterus Franchising has used innovative strategies to solve supply chain management challenges since 1946. Starting in 2018, Nexterus Franchising began its franchising efforts to expand its reach further.

Why You May Want To Start a Nexterus Franchising Franchise

Nexterus Franchising may be perfect for franchisees who already have supply chain management experience or a desire to be a part of an ever-evolving business as a service provider. You can share your knowledge while also owning and operating your own business. Nexterus Franchising’s expertise and technology will back your supply chain management skills and a customer-focused attitude.

Nexterus Franchising may not be suited for franchisees who have zero experience in supply chain management. However, you can still apply if you have a long-term, strong desire to enter and learn the ins and outs of the supply chain management industry. 

What Might Make a Nexterus Franchising Franchise a Good Choice?

A Nexterus Franchising franchisee has the chance to work with small-to-medium-sized companies, potentially valued at millions of U.S. dollars, to handle their transportation needs. You need to be more than a vendor for these companies; you should also be an advisor and partner. You should be an independent owner-operator involved in every aspect of the business, from planning to shipping.

If you don't have a dedicated building, you can run a Nexterus Franchising franchise from your home or mobile unit. An exclusive territory will be available for you. You can also opt not to have any employees besides yourself. Clearly, your full-time commitment and hard work are needed to ensure success.

To be part of the Nexterus Franchising franchise team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

 How To Open a Nexterus Franchising Franchise

Before making any financial commitment or signing an agreement with the Nexterus Franchising franchise, you must perform your due diligence and establish if this is the right opportunity for you. 

As mentioned earlier, Nexterus Franchising is better suited for white-collar supply chain executives who wish to remain in the business of the group. As part of your due diligence, you may want to speak to existing franchisees and ask the Nexterus Franchising team questions. 

If awarded a franchise, franchisees receive a great deal of support from the Nexterus Franchising brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, technology, and research.

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Company Overview

About Nexterus Franchising

Industry Business Services
Related Categories Miscellaneous Business Services, Business Coaching & Consulting
Founded 1946
Leadership Ryan Polakoff, President
Corporate Address 802 Far Hills Dr.
New Freedom, PA 17349
Social Facebook, LinkedIn, YouTube

Business Overview

Franchising Since 2018 (6 years)
# of employees at HQ 60
Where seeking

This company is offering new franchises in the following US states:

# of Units 2 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a Nexterus Franchising franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$45,000 - $60,000
Initial Investment Information Circle
$87,800 - $124,300
Net Worth Requirement Information Circle
$200,000 - $250,000
Cash Requirement Information Circle
$80,000 - $100,000
Veteran Incentives Information Circle
20% off franchise fee
Royalty Fee Information Circle
3%
Ad Royalty Fee Information Circle
$100/mo.
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Nexterus Franchising offers in-house financing to cover the following: franchise fee, startup costs

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training As needed
Classroom Training 40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 1
Are exclusive territories available? Information Circle
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022