ProShred


Description

PROSHRED® pioneered the mobile paper shredding and recycling industry in the mid 1980’s and is recognized as a North American leader. PROSHRED® shreds and recycles confidential documents and proprietary materials for “fortune 500 companies”, “small and medium sized enterprises” as well as home based business and residential customers in all industry sectors including Healthcare, Financial, Government and High-Tech.

PROSHRED® combines unparalleled customer service with absolute security and is the only company to receive both ISO 9001-2008 and NAID AAA certification. PROSHRED®’s explosive growth is a result of increasing concerns with regard to “identity theft” and the “environment”.

Background

Year Established: 2002
Year First Franchised: 2003
Franchised Units: 10-50
Actual number of units: 26
Company Owned Units: 4
Projected New Units (12 months): 4-6

States referrals are accepted in:

  • Alabama
  • Arkansas
  • California
  • Delaware
  • Florida
  • Hawaii
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Nevada
  • New Jersey
  • New Mexico
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Washington

Avail. in Canada: Masters/Area Developer: No

Notes:
Single Territory = 10,000 - 10+ employee businesses

Multi-unit Territory = 20,000 or more - 10+ businesses

Company Owned Units: USA – 4 (Syracuse, Albany, NYC and Milwaukee)

Projected New Units (12 months):USA – 4-6 franchises States Registered In: Majority

Availability in Canada: No
States, not in or sold out: AK, AZ, CO, CT, DC, GA, ID, IL, IN, ME, MD, MT, NC, NE, NH, ND, SD, WV, WY, WI

 

Financial / Terms

Cash Investment: $169,750
Minimum Investment: $339,500
Minimum Net Worth: $750,000

Franchise Fee: $35,000

Discounts:

  • Vet Fran

Royalty: 6.5%
Ad: 1-3 %
Average # of Employees: 4+
Passive Ownership Allowed: No
Earnings Claims: Yes

Notes:

Cash Investment: $169,750 to $240,750 (Single)

Total Investment: $339,5000 to $481,500 (Single)

Minimum Net Worth: $750,000 (Single)

Franchise Fee: $35,000 (Single) / Multiple Territory Fee: $35,000 for each additional 10,000 10+ employee businesses

Discounts: 20% VetFran Discount VetFran Program Participant: Yes – IFA VetFran Program


Average # of Employees: Three (3) + franchisee/owner

Earnings Claim: Yes – 3+ truck operation - $1.1M in Revenues and 37% EBITDA.

 

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: No
Developing outside of the U.S.: N/A
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: No
Cash Investment: N/A
Total Investment: N/A

Notes:

No International Expansion at this time.

 

Support & Training Provided

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes

Notes:

Training:
4 weeks in total. (2 weeks at Proshred University (“PSU”) i.e. head office. 1 week of field training i.e. mentor location and 1 week of grand opening assistance).

 

Get Started!

 

 

 

Freddy O'Pry

Franchise Development

281-342-7474