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Home > Franchises > Parcel Plus
Parcel Plus
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Parcel Plus provides retail packaging, freight, cargo, crating and international shipping. The company has locations across the United States and the Caribbean. Parcel Plus’ parent company, the International Center For Entrepreneurial Development, ICED, also owns franchise companies Copy Club, Franklin’s Printing, Kwik Kopy Printing, Kwik Kopy Business Centers, American Wholesale Thermographers and The Ink Well of America. Their franchisor is a privately-held company with 155 employees and 100 employees in franchise department.
Their technological advancement has led to the growth of the home-based business market. 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. The services offered at Parcel Plus cater to the outside sales person, the person who doesn't have enough time, and the busy business owner who wants to outsource their shipping and packaging requirements. Besides the traditional services of packaging, packing supplies and freight, Parcel Plus offers pickup, crating, shipment and insuring cargo with quick quotations.
They have a total investment of 154.3 to 219.3 thousand dollars, franchise fee of 35 thousand dollars, ongoing royalty fee of 6 percent, and term of agreement of 15 years. Their rankings of franchise 500 are 469 in 2006, 260 in 2005, 259 in 2004, 356 in 2003 and 330 in 2002 according to Entrepreneur magazine 2002-2006.
With all the continuous hard efforts of all the members of the firm has made it one of the best in the business and has helped them reach to the pinnacle where others can only imagine of reaching. The market demands quality and they strive to give their customers what they demand.
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