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Parcel Plus positions itself to become the secondary offices for these entrepreneurs who don't want to have copiers, fax machines and postal meters cluttering their homes. In addition, they may not have the supplies or the time to ship products related to their business. Parcel Plus also services cargo customers that have items too large or bulky to ship via carriers like FedEX or others. Typically a common carrier or moving company has shipping requirements which include that an item be crated, and have minimum fees. Parcel Plus uses carriers that do not charge the minimum or pick up fees. Parcel Plus can also handle the crating required so the customer doesn't have to deal with it. Insurance is also available for the item being shipped.
Liquid capital required
|
$50,000
|
Net worth required
|
$200,000
|
Investment
|
$152,200 - $198,400
|
Franchise fee
|
$35,000
|
Units in operation
|
100
|
You'll need $50,000 in liquid capital to open a Parcel Plus. New Parcel Plus franchisees need to have at least a $200,000 net worth. $152,200 is the minimum that Parcel Plus expects its owners will need to invest in a new location. $198,400 is the most that Parcel Plus expects its owners will need to invest in a new location. New franchisees can expect to pay a $35,000 franchise fee for the rights to open their own location. There are currently 100 Parcel Plus units in operation.
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