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Proshred Security
245 Yorkland Blvd., # 100
Toronto, ON M2J 4W9 CANADA
800#: (877) 767-4733
Tel: (416) 490-8600
Fax: (416) 490-1401
E-Mail: [email protected]
Web Site: www.proshred.com
Contact: Mr. Jim Reid, Director Franchise Devel.
PROSHRED SECURITY is a franchise for business people. Our license owners provide at-your-door document shredding services to area businesses. Customers include all levels of business and government. Operating in the U. S., Canada and Europe, PROSHRED is the largest in North America. Company management has a long, successful history in franchising.
Franchisor Background
Established: 1985
First Franchise: 1990
Franchise Units: 6
Company-Owned Units: 0
Total Units: 6
Distribution:
U.S. -- 6;
Canada -- 31;
International -- 0
-North America -- Operations in 3 States, 10 Provinces
-States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months: 4
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: CA,FL,MD,MI,OR,DC (Click here for an explanation)
Average Number of Employees: 5 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; NA
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $200K
Total Investment: $350K
Average Total Investment: $350.0K
Minimum Net Worth: $NR
Fees:
-Franchise: $35K
-Average Franchise Fee: $35.0K
-Royalty: 8%
-Average Royalty: 8.0%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5/5/5
Passive Ownership: Not Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: NA
Lease Negotiation Assistance: NA
Financial Assistance: Yes(I)
Cooperative Advertising: NA
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 11
On-Going Support: A,C,D,E,G,H,I (Click here for an explanation)
Training: 9 Days Toronto, ON; 5 Days Local.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: Europe, Australia, Asia
Note: NR = No Response by Franchisor.
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