Proshred Franchising Corp.
Mobile on-site data destruction/shredding/recycling

About
Founded

2004

Franchising Since

2004 (16 Years)

Corporate Address

6559 Mississauga Rd., #B
Mississauga, ON L5N 1A6

Leadership

John Prittie, CEO

Financial Requirements
Initial Investment

$333,000 - $478,000

Net-worth Requirement

$750,000 - $1,000,000

Liquid Cash Requirement

$250,000 - $300,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

6.5%

Ad Royalty Fee

1.25%

Financing Options

Proshred Franchising Corp. offers in-house financing to cover the following: franchise fee

Proshred Franchising Corp. has relationships with third-party sources which offer financing to cover the following: 
equipment, inventory

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

On-The-Job Training:

1 week

Classroom Training:

2 weeks

Additional Training:

Ongoing support

Absentee Ownership Allowed
Number of Employees Required to Run:

2

Cost
Initial Investment: Low - $333,000 High - $478,000
Units

Units (Locations)

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: June 19th, 2014