Start-Up Costs and Fees |
||
| ShapeXpress | Shred415 | |
| Investment | 89500 - 152000 | 440280 - 959200 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | Varies | 8% |
| Advertising Fee | ||
| Year Founded | 2002 | 1986 |
| Year Franchised | 2003 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| ShapeXpress | Shred415 | |
| Experience | Marketing skills Sales skills, previous employee supervision skills | |
Financing Options |
||
| ShapeXpress | Shred415 | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| ShapeXpress | Shred415 | |
| Training | Ongoing | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) | Absentee Ownership Allowed |
Expansion Plans |
||
| ShapeXpress | Shred415 | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| ShapeXpress | |
| Shred415 | |
| Franchise Fee | |
| ShapeXpress | |
| Shred415 | |
| Royalty Fee | |
| ShapeXpress | Varies |
| Shred415 | 8% |
| Advertising Fee | |
| ShapeXpress | |
| Shred415 | |
| Year Founded | |
| ShapeXpress | 2002 |
| Shred415 | 1986 |
| Year Franchised | |
| ShapeXpress | 2003 |
| Shred415 | 2004 |
| Term Of Agreement | |
| ShapeXpress | 10 years |
| Shred415 | 10 years |
| Renewal Fee | |
| ShapeXpress | $2.5K |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| ShapeXpress | No |
| Shred415 | No |
| Start-up Costs | |
| ShapeXpress | |
| Shred415 | |
| Equipment | |
| ShapeXpress} | |
| Shred415 | |
| Inventory | |
| ShapeXpress | |
| Shred415 | |
| Receivables | |
| ShapeXpress | |
| Shred415 | |
| Payroll | |
| ShapeXpress | |
| Shred415 | |
Training & Support |
|
| Training | |
| ShapeXpress | Ongoing |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| ShapeXpress | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| ShapeXpress | |
| Shred415 | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| ShapeXpress | |
| Shred415 | |
| International Expansion | |
| ShapeXpress | |
| Shred415 | |