Proshred

PROSHRED? pioneered the mobile paper shredding and recycling industry in the mid 1980's in Canada and is recognized as a North American leader. PROSHRED? shreds and recycles confidential documents and proprietary materials for "fortune 500 companies", "large", "small and medium sized enterprises" as well as "home based business" and "residential consumers" in all industry sectors. PROSHRED? is a GREEN business opportunity.

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Proshred Franchise Cost and Requirements for 2022

Background

PROSHRED? specializes in on-site shredding for the secure destruction and recycling of confidential documents and proprietary materials for thousands of organizations and individuals across the United States. In addition to serving major government, financial, medical, legal, high-tech and manufacturing industries, PROSHRED? actively services the growing home office and residential shredding markets.

According to the National Association for Information Destruction (NAID), document destruction in the United States is a multi-billion dollar industry, positioned to continue rapid growth due to recently enacted privacy legislation and heightened concerns about safeguarding confidential business and consumer information.

Within this rapidly expanding market, PROSHRED?'s vision is to be the premier franchise system in the shredding market, recognized as the system of choice for the secure destruction and recycling of confidential documents and proprietary materials worldwide.

A Professional Shredding Business for the Business Professionals:
PROSHRED? franchises are ideally suited for seasoned business executives with strong sales, marketing and management experience who are actively involved in their community.

Our proven business model presents successful franchisees with:

  • Recurring revenue streams
  • High volume sales potential
  • High margin earnings capability
  • Business-to-business sales model
  • Low proportion of bad debt accounts
  • Monday to Friday hours of operation
  • Exclusive territories
  • National accounts

Company Details

Established: 2002
First Unit Franchised: 2003
Franchised Units: 21
Company Owned Units: 6
States Registered In: AL, AZ, AR, CA, DE, FL, HI, KY, LA, ME, MA, MI, MN, MS, MO, NE, NV, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VT, VA.

Support and Training Offered By Proshred

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Co-Operative Advertising: No
Training: 4 weeks - 2 at the National Support Center, 1 week of Mentor Training in field and 1 week of preopening training.
Other Info: Ideal Candidate ‐ High net worth business executive with strong sales and marketing background. Well known and connected in community.

2022 Franchise Requirements Needed to Own a Proshred Franchise.

What does a Proshred Franchise Cost?

Proshred franchise fees for 2022:

Cash Investment: $250,000
Total Investment: $400,000-$800,000
Minimum Net Worth: $1,000,000
Franchise Fee: $35,000 per Territory Unit
Royalty: 6.5% -1.5% desceding based on performance?
Ad: 1-3%
Average Number of Employees: 4
Passive Ownership: No
Home Based: No
B2B: Yes
Master Franchise Opportunities: No

Is Proshred a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Proshred is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Proshred a Home Based franchise?

No. Proshred is not a home based franchise opportunity.

What Do Proshred Franchise Owners Make?

Click here to find out how much Proshred franchisees make. Proshred offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Proshred a Master Franchise Opportunity?

No. Proshred is not a master franchise opportunity.

Does Proshred Offer a Veteran Discount?

Yes. Proshred franchise does offer a veteran discount.

Does Proshred Work with E2 Visa and EB-5 Visa Candidates?

Yes. Proshred franchise does work with E2 Visa and EB-5 Visa candidates.

Is Proshred Looking for Franchisees in Canada?

Yes. Proshred franchise is looking for Canada franchisees.

Is Proshred Looking for International franchisees?

No. Proshred franchise is not looking for International franchisees.

Additional Information

Additional Categories

Green & Eco Friendly, Miscellaneous & Unique

Number of Units Open

20-50 UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Proshred Franchises for Sale

Click Here to inquire about existing Proshred franchises for sale. We may have Proshred franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.