4/10

Franchimp Summary Rating

4 /10
Higher than 62% of peers

Franchise Summary

Description
Securis Franchising, LLC offers individual unit franchises for the operation of a Securis® business offering clients data destruction and electronics recycling services, including onsite data shredding, data degaussing and the collection of discarded electronic and computer products.
Company Background
Securis is the official franchiser of Securis data destruction and electronics recycling services. We offer individual unit franchises for business owners to operate their own Securis Business in their community. As one of the fastest-growing industries in America, data security is an essential element for every company looking to succeed in today's fast-paced world. This especially holds true as more and more people become connected through social media sites like Facebook, Twitter and LinkedIn; as well as with cloud computing services like Google Drive, Dropbox and iCloud. The average person uploads over 3GB of personal data onto various online platforms daily which makes them a prime target for hackers who are constantly developing new ways to steal important information from unsuspecting victims--and
Franchise Opportunity
You want to start a business that helps protect the environment, but you're not sure where to start. The problem is that there are so many options when it comes to starting a business and it can be hard to know which one is the right fit for you. Securis has the perfect solution. With our franchise opportunity, you get all of the tools and training you need to get your business up and running. Plus, our services help protect the environment by recycling electronics and destroying data securely.
Corporate Structure
Securis Franchising, LLC is a Virginia limited liability company that was established on September 24, 2012, and has its principal place of business at 14801 Willard Road Suite 800, Chantilly, Virginia 20151.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Securis® franchise is $86,100 to $305,950. This includes an initial franchise fee of $35,250 to $85,250 that must be paid to the franchisor and/or its affiliate, as appropriate.

Distribution of Securis Franchisees

Securis Franchise System Development in 2014

FAQ

How much investment do I need to start my own Securis business?
Franchisees typically require at least $96,100 to $310,950 investment to get their Securis business started
What are the initial franchise fees for Securis?
Franchisees typically need to pay at least $40,000 in fees directly to Securis in order to earn the right to launch their business
How much money can I make with a Securis franchise? What are the average revenues for a typical Securis business?
We haven’t done the math on how much revenue a typical Securis brings in each year. We estimate that other franchisees in the Professional Services industry generate $960,856 revenue, so we would expect Securis to generate a similar amount
How long do I need to commit to running a Securis unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10
The Franchisor's investment costs ranges from $258,100 to $480,500 which is Much Higher than the $0 to $0 average in the Services-General industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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