|
Below is an in-depth analysis and side-by-side comparison of Parcel Plus vs PostNet Canada including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $35,525 - $172,750 | $116,900 |
Franchise Fee | $29,950 | $29,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1986 | 2004 |
Year Franchised | 1988 | 2004 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 32 hours Classroom Training: 80 hours Additional Training: Operational visit | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
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) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Parcel Plus provides retail packaging, freight, cargo, crating and international shipping.
PostNet offers an array of high demand services and products, tailored to meet the needs of small business owners and today's busy consumer. We like to think of PostNet as an entrepreneur's store, helping the small office, home office and small business owners get what they need, when they need it. At the same time, PostNet caters to the general consumer, offering a host of products and services to help them complete their personal business needs quickly and efficiently.