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Updated RecentlyProshred vs Secure Eco Shred Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Proshred vs Secure Eco Shred including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $350,000 - $700,000 | $299,100 - $365,950 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 6.5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 2004 | 2000 |
| Year Franchised | 2004 | 2005 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $15000 |
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 | Yes/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
| Support | - | - |
| Marketing | - | - |
| Operations | - | * Number of employees needed to run franchised unit: 5 - 5 * 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 | No | - |
Company Overviews
About Proshred
PROSHRED®’s franchise system is best characterized as a “professional shredding business for the business professional.” All PROSHRED® offices are locally owned and operated by seasoned business executives who typically have strong sales, marketing and management backgrounds, and who are also active in their communities. PROSHRED®’s franchise opportunities for business professionals span cities across the United States and are supported by an experienced business franchise organization that meets the highest international standards.
The key to our success and the ongoing growth and development of the PROSHRED® concept is our proven operating system and the rigorous process by which we select our franchisees. All of our franchisees grow into established businesses with a proven track record for success. We target business in various vertical markets like financial institutions, law firms, medical facilities, government organizations, educational institutions and many others.
About Secure Eco Shred
Businesses live in fear that their employment information, billing records or other sensitive documents might get into the wrong hands, thus causing embarrassment, or worse. That means shredding services are necessary.
A Secure Eco Shred franchise fulfills that need.