|
Below is an in-depth analysis and side-by-side comparison of PRstore vs Shred-it including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $127,000 - $181,000 | $50,000 - And Up |
Franchise Fee | $29,500 - $89,500 | N/A |
Royalty Fee | 4.25% | - |
Advertising Fee | - | - |
Year Founded | 2001 | 1988 |
Year Franchised | 2002 | 0 |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Our franchise fee is $89,500 for PRstore RETAIL and $29,500 for PRstore OFFICE.
RETAIL offers a retail store in an exclusive territory.
OFFICE offers an office setting in a non-exclusive territory.
Shred-it is dedicated to being the World's Leading Mobile Shredding and Recycling Company.
We have achieved this goal on the strengths of our people. Shred-it consistently delivers the greatest security, cost effectiveness, convenience and environmentally-friendly service available.
Our ongoing prosperity is a matter of continuing to attract the best
people to our organization - a core principle of our company from the
outset.