Start-Up Costs and Fees |
||
| Slender Lady | Shred415 | |
| Investment | 50000 - 50000 | 440280 - 959200 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | $395/495/mo. | 8% |
| Advertising Fee | ||
| Year Founded | 1996 | 1986 |
| Year Franchised | 1997 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Slender Lady | Shred415 | |
| Experience | ||
Financing Options |
||
| Slender Lady | Shred415 | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Slender Lady | Shred415 | |
| Training | 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, Purchasing cooperatives | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | Absentee Ownership Allowed |
Expansion Plans |
||
| Slender Lady | 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 | |
| Slender Lady | |
| Shred415 | |
| Franchise Fee | |
| Slender Lady | |
| Shred415 | |
| Royalty Fee | |
| Slender Lady | $395/495/mo. |
| Shred415 | 8% |
| Advertising Fee | |
| Slender Lady | |
| Shred415 | |
| Year Founded | |
| Slender Lady | 1996 |
| Shred415 | 1986 |
| Year Franchised | |
| Slender Lady | 1997 |
| Shred415 | 2004 |
| Term Of Agreement | |
| Slender Lady | 7 years |
| Shred415 | 10 years |
| Renewal Fee | |
| Slender Lady | |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| Slender Lady | |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| Slender Lady | Yes |
| Shred415 | Yes |
| Start-up Costs | |
| Slender Lady | |
| Shred415 | |
| Equipment | |
| Slender Lady} | |
| Shred415 | |
| Inventory | |
| Slender Lady | |
| Shred415 | |
| Receivables | |
| Slender Lady | |
| Shred415 | |
| Payroll | |
| Slender Lady | |
| Shred415 | |
Training & Support |
|
| Training | |
| Slender Lady | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Slender Lady | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| Slender Lady | |
| 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 | |
| Slender Lady | |
| Shred415 | |
| International Expansion | |
| Slender Lady | |
| Shred415 | |