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Proshred Security
PROSHRED invented mobile shredding. The Proshred onsite professional shredding system is the most secure method of destroying confidential documents and other proprietary materials. Government legislation passed to protect customers and the environment has made it imperative that all companies, big and small, as well as home-based employees and businesses, find convenient and effective ways to discard all types of documents and materials containing sensitive information. Proshred is a powerful, long-standing brand supported by an experienced management team.
Franchisor Background
Year Established:
2002
Franchising Since:
2002
Operating Units:
Franchised Units:
18
100%
Company-Owned Units:
0
0%
______
_____
Total Operating Units:
18
100%
Geographic Distribution:
U.S.:
18
100%
In 10 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
18
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
Registered in Following Registration States:
California, Florida, Maryland, Michigan, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$750K
Cash Investment:
$250K
Total Investment:
$178.5K-499.5K
Average Total Investment:
$339K
Fees:
Initial Franchise Fee:
$35K
Average Franchise Fee:
$35K
On-Going Royalty:
6.5%
Average Royalty:
6%
Advertising Fee:
1-3%
Average Number of Employees:
5 Full-time, 2 Part-time
Space Needs (in square footage):
2,000
Preferred Sites:
Other Sites:
Industrial Commercial
Encourage Conversions?
Yes
Earnings Claims Provided?
Yes
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
No
Franchisee Association/Member:
Yes, Member
Size of Corporate Staff:
11
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
Yes
Financial Assistance?
Yes, Indirect
Marketing Support:
Co-Op Advertising:
Yes
National Advertising:
Yes
Regional Advertising:
Yes
Local Advertising:
Yes
Marketing Materials:
Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos