| ||||
Updated RecentlyWorldwide Express vs Fastway Couriers Canada Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Worldwide Express vs Fastway Couriers Canada including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $45,980 - $359,650 | $179,000 - And Up |
| Franchise Fee | $33,125 - $327,500 | $20,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1991 | 1983 |
| Year Franchised | 1994 | 1984 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 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/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | Available at headquarters, Available at franchisee's location | - |
| Support | Newsletter, Meetings, Toll-free phone line | - |
| Marketing | - | - |
| Operations |
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 | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
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
About Fastway Couriers Canada
Fastway Couriers, established in 1983, is the world's largest courier franchise system with 104 Regional Franchisees and 1,500 Courier Franchisees and serves a strong market niche untapped by other couriers. Sole Regional Franchise rights for each city are awarded to only one entrepreneur who enters the business of franchising, not package distribution. Cities are then divided into territories which are awarded to Courier Franchisees who conduct the actual distribution of packages.