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Below is an in-depth analysis and side-by-side comparison of Parcel Plus vs The Service Source Shipping & Freight Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $35,525 - $172,750 | $41,445 - $85,900 |
Franchise Fee | $29,950 | $25,000 - $62,500 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1986 | - |
Year Franchised | 1988 | - |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Parcel Plus provides retail packaging, freight, cargo, crating and international shipping.
As a Service Source franchise owner, you will own the right to resell DHL Express services within a set territory that typically has 12,500 businesses. Your target customers generally use FedEx and/or UPS and are usually paying premium prices. As a Selling Partner of DHL Express, The Service Source has negotiated deep discounts with DHL. As a franchisee, you will offer discounted rates resulting in substantial savings to your customers.