| ||||
Updated RecentlyParcel Plus vs Worldwide Express Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Parcel Plus vs Worldwide Express including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $35,525 - $172,750 | $45,980 - $359,650 |
| Franchise Fee | $29,950 | $33,125 - $327,500 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | - |
| Year Founded | 1986 | 1991 |
| Year Franchised | 1988 | 1994 |
| Term Of Agreement | 15 years | 5 years |
| Term Of Agreement | 15 years | 5 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | On-The-Job Training: 32 hours Classroom Training: 80 hours Additional Training: Operational visit | Available at headquarters, Available at franchisee's location |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
International franchisees required to buy multiple units/master licenses; 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home. 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Parcel Plus
Parcel Plus provides retail packaging, freight, cargo, crating and international shipping.
- Experience: You'll benefit from our over 30 years of experience.
- Company Culture: You are the entrepreneur of your own business. We help you fulfill that dream.
- Systems: Well developed systems help you manage and run your store.
- Marketing: You'll have access to Co-op Marketing Funds along with award-winning talent and expertise to drive an effective advertising campaign for your store.
- Training: A comprehensive training program will equip you with the tools you'll need to build your new business.
- Support: You'll have access 24 hours a day, 7 days a week to the support you'll need to help you grow your business.
- Commercial Center: $99,700 to $172,750
- Commercial Center-Conversion: $35,525 to $147,975
Veteran Incentives 20% off franchise fee
About Worldwide Express
Worldwide Express is a global logistics company based in Dallas that has handled millions of package and freight shipments for more than 30,000 small to midsize businesses. With more than 150 franchises across the country, Worldwide Express is one of the largest authorized resellers of express shipping for UPS, as well as a trusted freight partner to more than 65 carriers.
Worldwide Express began selling franchises in 1995 with the simple goal of providing unmatched levels of service and competitive rates to the small to medium sized business segment (SMB) of the U.S. air express and ground market.
The SMB segment was and continues to be the fastest growing portion of the U.S. air express and ground market, despite the fact that the near-monopolies of FedEx and UPS have historically treated this segment with a one size fits all mentality.
Worldwide knew it could do a better job. They treat the SMB segment like the big guys treat their Fortune 500 customers