Franchise Spotlight
-
IKOR presents franchisees with the chance to own a successful business and pursue a passion for healthcare that will make a lasting positive impact in the world. Franchisees benefit from the full backing of the IKOR organization with years of reliable and professional experience.
-
Business Partner Marketing Coach simplifies the life of busy business professionals by saving them time and money with a one source resource that satisfies all their marketing needs.
-
ERC's cost reduction consulting programs have been in use since 1993 and have been directly responsible for generating significant savings for corporate clients in many industries.
-
The popularity of the Bikinis concept stems from our unbeatable combination of great sporting events, great food not typically found in other sports bars, and—of course—great views. So, get off the bench and get in the game!
Proshred
- Proshred Franchising Corp.
Mississauga, ON LN5 1A6
Canada
- (416) 449-7139 / (416) 700-4771
- (905) 812-9448 (Fax)
- Ms. Luisa Sanchez, Business Development Specialist
- [email protected]
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 | 21 | 77.8% |
|---|---|---|
| Company-Owned Units | 6 | 22.2% |
| Total Operating Units | 27 | 100% |
Geographic Distribution
| USA | 27 | 87.1% | In 10 States |
|---|---|---|---|
| Canada | 0 | 0.0% | In 0 Provinces |
| International | 4 | 12.9% | In 1 Foreign Countries |
| Total | 31 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| (no data available) |
Registered in the following Registration States
California, Florida, Maryland, Michigan, District of Columbia
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | No |
| Franchisee Association? | Yes, is a 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 |
| Additional Services: | Grand Opening, In-House Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies |
Ongoing Support
| Central Data Processing | N/A |
|---|---|
| Central Purchasing | Included |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | Included |
| Inventory Control | Included |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Included |
| 800 Telephone Hotline | Included |
Training
| Local | 10 Days |
| Toronto, ON | 10 Days |
Financial Requirements
Investment
| Minimum Net Worth | $1MM |
|---|---|
| Cash Investment | $250K |
| Total Investment | $450-700K |
| Average Total Investment | $575K |
Fees
| Initial Franchise Fee | $35K |
|---|---|
| Average Franchise Fee | $35K |
| On-Going Royalty | 6.5% |
| Average Royalty | 6% |
| Advertising Fee | 1-3% |
Site Information and Requirements
| Average Number of Full-Time Employees | 5 |
|---|---|
| Average Number of Part-Time Employees | 2 |
| Space Needs (in square feet) | 2,000 |
| Preferred Site Types | N/A |
| Other Site Types Allowed | Industrial Commercial |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 5 |
|---|---|
| General Business Experience | 4 |
| Specific Industry Experience | 1 |
| Formal Education | 3 |
| Psychological Profile | 1 |
| Personal Interviews | 5 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 5-5 |
| Passive Ownership? | Allowed, but discouraged |
| Area Development Agreements? |
Yes, for 1 year |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 9 |
|---|---|
| USA | Yes, All United States |
| Canada | No, All Canada |
| Overseas | No, Europe, Australia, Asia |
