Parcel Plus Franchise Review
Parcel Plus is graded based on our most recent research.
Franchise Facts
How much does a Parcel Plus franchise cost?
Parcel Plus has a franchise fee of up to $29,950, with a total initial investment range of $73,025 to $227,450.- Initial Franchise Fee: $14,975 to $29,950
- Total Investment: $73,025 to $227,450
- Working Capital: $0 to $50,000
- Royalty Fee: 5.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Parcel Plus franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.How many franchise locations do they have?
As of the 2017 Franchise Disclosure Document, there are 24 franchised Parcel Plus locations in the USA.Are there any Parcel Plus franchise opportunities near me?
Based on 2017 FDD data, Parcel Plus has franchise locations in 7 states plus DC. The largest region is the South with 22 franchise locations.CA
DC
DE
FL
MD
PA
TX
VA
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2017
Sector: Business Services
Category: Shipping and Packaging
Parcel Plus Franchise Stats
Total Investment
$73,025 - $227,450
Franchise Fee
$14,975 -
$29,950
Franchise Agreement
Initial Term
20 Years
20 Years
Renewal Term
20 Years
20 Years
Franchisee Outlet Growth
2014
27
27
2017
24
24
Ongoing Fees
Royalty
5.0%
5.0%
Ad Fees
2.0%
2.0%
# of Franchised Outlets
24
Additional Questions
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 91 hours. This includes 54 hours of classroom training and 37 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.| Online | 0 |
|---|---|
| On-the-Job | 37 |
| Classroom | 54 |
| Total | 91 |
Do they offer Territory Rights?
Parcel Plus offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.Do they provide Veteran or First Responder Discounts?
Yes, unlock to find out the amount of the discount.When did they begin franchising?
They began franchising in 1986. The average Shipping and Packaging franchise began franchising in 2006.Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
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- What are the historical franchisee revenues?
- Do they have any lawsuits?
- Do they have computer and technology support in place?
- Do they provide Minority Discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Are they affiliated with any other franchise brands?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have closed in the last 5 years?
- How many franchised outlets have terminated in the last 5 years?
- Do they operate any company or affiliate outlets?
- How long is their initial term length?
- How do they solve franchisee disputes?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Do they provide discounts for buying more than one franchise?
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