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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$168K - $248K
Units as of 2021
21 4.5% over 3 years

Here’s what you need to know if you’re interested in opening a Parcel Plus franchise.

With the world becoming increasingly interconnected, there may never be a better time to enter the shipping and mailing industry. Parcel Plus strives to understand the value of packages and how to get them from any corner of the world, straight to the client's doorstep. Safety and timeliness are their shipping goals.

Founded in 1986, Parcel Plus is a provider of packaging and shipping solutions. With the attitude that no parcel is too big or small, Parcel Plus believes it is a solid partner to big and small businesses that can rely on them to deliver on their promise.

Customers have stated that they love how they can personalize their shipping preferences with Parcel Plus' partners, including UPS, FedEx, and DHL, among others.

Since beginning to franchise in 1988, Parcel Plus has opened several locations throughout the United States.

Why You May Want To Start A Parcel Plus Franchise

With the flexibility of a well-connected shipping franchise, Parcel Plus may be anywhere customers are. Customers can always get their valuables carefully packaged, shipped, and scheduled to arrive at the specified address on time.

Besides shipping, Parcel Plus believes they are pros at creating business cards, printing, scanning, and shredding, among other services that customers may not have the time to complete on their own. The reach of the brand and its varied service range could highlight the potential for success that a Parcel Plus franchise may have.

The packaging and shipping industry is mature, but experienced brands like Parcel Plus still command respect even with increasing competition. Opening a Parcel Plus franchise could offer a more predictable outcome than investing in a completely new and inexperienced brand that may struggle to thrive. Parcel Plus also gives exclusive territories with their units to help franchisees succeed.

What Might Make A Parcel Plus Franchise A Good Choice?

Parcel Plus believes it has become a valuable business partner to big and small market players alike, who may love it for its expertise in shipping and packaging. Being a turnkey franchise with a fairly low overhead in a huge industry, Parcel Plus may be in an excellent position to succeed.

To be part of the Parcel Plus 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, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open A Parcel Plus Franchise

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Parcel Plus franchising team your questions.

If awarded a franchise, franchisees may receive support from the Parcel Plus team throughout the franchising process. In addition to pre-opening training, franchisees could receive support through brand awareness, marketing, research, and construction. They also may receive hands-on training and continued support after their units are operational.

Find Your Perfect Franchise

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 (34 years)
# of employees at HQ
39
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
21 (as of 2021)

Franchisor Information

Social
LinkedIn
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
$167,800 - $247,850
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
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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.

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
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Franchise 500 Ranking History

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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