Parcel Plus logo

Parcel Plus

Packing, shipping, postal, and business services

Investment

$249,130

Initial Franchise Fee

$35,000

Units

21

Growth Rate

+0.0%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Services (Other)
Founded 1986
Franchising Since 1988
Parent Company Annex Brands Inc.
Leadership Patrick F. Edd, CEO & President
# of Employees at HQ 44
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Units and Growth Chart

About Parcel Plus

With the world becoming increasingly interconnected, there may never be a better time to enter the shipping and mailing industry. Parcel Plus strives to understand the value of packages and how to get them from any corner of the world, straight to the client's doorstep. Safety and timeliness are their shipping goals.

Founded in 1986, Parcel Plus is a provider of packaging and shipping solutions. With the attitude that no parcel is too big or small, Parcel Plus believes it is a solid partner to big and small businesses that can rely on them to deliver on their promise.

Customers have stated that they love how they can personalize their shipping preferences with Parcel Plus' partners, including UPS, FedEx, and DHL, among others.

Since beginning to franchise in 1988, Parcel Plus has opened several locations throughout the United States.

Why You May Want To Start A Parcel Plus Franchise

With the flexibility of a well-connected shipping franchise, Parcel Plus may be anywhere customers are. Customers can always get their valuables carefully packaged, shipped, and scheduled to arrive at the specified address on time.

Besides shipping, Parcel Plus believes they are pros at creating business cards, printing, scanning, and shredding, among other services that customers may not have the time to complete on their own. The reach of the brand and its varied service range could highlight the potential for success that a Parcel Plus franchise may have.

The packaging and shipping industry is mature, but experienced brands like Parcel Plus still command respect even with increasing competition. Opening a Parcel Plus franchise could offer a more predictable outcome than investing in a completely new and inexperienced brand that may struggle to thrive. Parcel Plus also gives exclusive territories with their units to help franchisees succeed.

What Might Make A Parcel Plus Franchise A Good Choice?

Parcel Plus believes it has become a valuable business partner to big and small market players alike, who may love it for its expertise in shipping and packaging. Being a turnkey franchise with a fairly low overhead in a huge industry, Parcel Plus may be in an excellent position to succeed.

To be part of the Parcel Plus team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open A Parcel Plus Franchise

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Parcel Plus franchising team your questions.

If awarded a franchise, franchisees may receive support from the Parcel Plus team throughout the franchising process. In addition to pre-opening training, franchisees could receive support through brand awareness, marketing, research, and construction. They also may receive hands-on training and continued support after their units are operational.

Investment Details

Initial Franchise Fee $35,000
Initial Investment $249,130 - $349,830
Net Worth Requirement $200,000
Cash Requirement $50,000
Royalty Fee 5%
Ad Royalty Fee 2%
Technology Fee $16/wk.
Term of Agreement 20 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive 25% off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States International

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 32 hours
Classroom Training 72 hours

Ongoing Support

Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? No
Can this franchise be run part time? No
# of employees required to run 3
Are exclusive territories available? Yes

Ranking History

Parcel Plus performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022