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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$164K - $244K
Units as of 2020
21 12.5% over 3 years

Company Overview

About Parcel Plus

Industry
Services (Other)
Founded
1986
Parent Company
Annex Brands Inc.
Leadership
Patrick F. Edd, CEO & President

Franchising Overview

Franchising Since
1988 (33 years)
# of employees at HQ
41
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
21 (as of 2020)

Franchisor Information

Corporate Address
7580 Metropolitan Dr., #200
San Diego, CA 92108

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Parcel Plus 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
$29,950
Initial Investment
$164,300 - $244,350
Net Worth Requirement
$200,000
Cash Requirement
$50,000
Veteran Incentives
20% off franchise fee
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
20 years
Is franchise term renewable?
Yes

Financing Options

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

Third Party Financing
Parcel Plus has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

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
32 hours
Classroom Training
72 hours
Additional Training
Operational visit
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Parcel Plus landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021