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Fricker's

Fricker's

Franchising since 1985 · 1 locations

Ongoing royalties are 6%. Fricker's currently operates 1 locations (1 franchised). The top SBA 7(a) lenders for Fricker's are Ohio Statewide Development Cor. PeerSense FPI health score: 38/100.

Total Units

1

1 franchised

FPI Score
Low
38

Proprietary PeerSense metric

Fair
Capital Partners
1lenders available

Active capital sources verified for Fricker's financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

New/Niche (1-2 loans)

Limited Data
38out of 100
Fair

SBA Lending Performance

SBA Default Rate

0.0%

0 of 1 loans charged off

SBA Loans

1

Total Volume

$0.6M

Active Lenders

1

States

1

Top SBA Lenders for Fricker's

What is the Fricker's franchise?

Worldwide Express Operations, a prominent and highly regarded non-asset-based logistics and freight brokerage provider, presents a compelling franchise opportunity for entrepreneurs seeking to establish a presence within the continuously expanding and indispensable logistics market. The company distinguishes itself by specializing in a comprehensive suite of shipping solutions, including small package, truckload, and less-than-truckload (LTL) services, thereby catering to an exceptionally diverse clientele that ranges from dynamic small and mid-sized businesses to extensive, large enterprises. This broad market appeal underscores the company’s operational versatility and its capacity to address varied logistical demands across the commercial spectrum. The foundational history of Worldwide Express exhibits some variation in reported establishment dates, with several authoritative sources indicating 1992, others specifying 1991, and a notable number pointing to 1995 as the company’s inception. Further historical accounts suggest 1998 as another potential founding year, reflecting a nuanced early timeline for this influential enterprise. David Kiger is widely recognized as the founder of Worldwide Express, and he also served as the Chief Executive Officer during the pivotal mid-1990s, playing a crucial role in shaping the company’s initial trajectory and strategic direction. The corporate headquarters are strategically located in Dallas, Texas, within the United States, positioning the company centrally within a vital logistical and transportation hub. Worldwide Express functions as an integral and powerful component of the larger WWEX Group, an expansive and vertically integrated conglomerate that also encompasses other significant players in the logistics space, specifically GlobalTranz and Unishippers. This collective forms a formidable force, enhancing overall market reach and service capabilities. The WWEX Group itself underwent a significant corporate transaction, being acquired by CVC on July 27, 2021, a strategic move that ushered in a new era of ownership and growth for the combined entity. Under the current and experienced leadership of Tom Madine, who holds the position of Chief Executive Officer for Worldwide Express, the organization continues its trajectory of robust growth and operational expansion. The synergistic strength derived from the WWEX Group's integrated operations enables it to service an impressive volume exceeding 53 million shipments annually, an extraordinary testament to its sophisticated infrastructure and extensive logistical reach. This remarkable operational capacity is meticulously supported by leveraging formidable and well-established networks, which include a long-standing and highly effective partnership with UPS, collaborative agreements with over 75 leading LTL carriers, and an expansive alliance comprising more than 45,000 truckload partners. This comprehensive and diversified network ensures that Worldwide Express can consistently deliver unparalleled shipping flexibility, competitive pricing, and reliable service across a vast array of logistical requirements for its client base. Financially, the company generates nearly $5 billion in annual revenue, firmly cementing its status as a major economic contributor and a dominant player within the global logistics industry. Its substantial operational scale is further evidenced by its employment of over 2,500 dedicated individuals across 55 strategically located offices, which are designed to provide localized support and ensure efficient, responsive service delivery. This formidable operational footprint and strong financial performance collectively position Worldwide Express as the second-largest privately held freight brokerage in North America, a significant distinction that underscores its undeniable market leadership, operational excellence, and compelling value proposition, which a Frickers franchise could potentially leverage.

The industry landscape in which Worldwide Express operates is characterized by its immense scale, dynamic evolution, and critical importance to global commerce, encompassing the expansive third-party logistics (3PL) and freight brokerage sectors, alongside the broader shipping and express delivery markets. The overarching logistics market is currently valued at an staggering figure exceeding $1 trillion, highlighting the vast economic significance and pervasive demand for efficient supply chain management. Within this larger ecosystem, the annual shipping industry alone represents an approximately $65 billion segment, indicating a substantial and consistent flow of goods and services. Focusing specifically on the international express delivery market, recent estimates paint a picture of rapid and sustained growth. This market was valued at an estimated USD 30.96 billion in 2024 and is projected to surge to USD 56.00 billion by 2030, demonstrating a robust Compound Annual Growth Rate (CAGR) of 10.5% during the period from 2025 to 2030. Another comprehensive market assessment for the International Express Service Market valued it at USD 70.1 billion in 2024, with expectations for it to reach USD 100.9 billion by 2030, translating to a solid CAGR of 6.10%. A more recent forecast, specifically for the international express service market in 2026, pegged its value at USD 74.5 billion, with projections for it to expand to USD 99.56 billion by 2031, achieving a CAGR of 5.97% over the 2026-2031 timeframe. Zooming out to the global express delivery market, it was valued at USD 262.86 billion in 2020 and is confidently projected to ascend to USD 484.38 billion by 2030, growing at a significant CAGR of 6.4% from 2021 to 2030. Several key market trends are powerfully driving this accelerated growth, including the relentless increase in e-commerce demand, the escalating complexity of global supply chains, and an ever-present need for highly flexible and adaptable shipping solutions. A significant and pervasive shift towards outsourced logistics services is also evident, as businesses increasingly recognize the efficiency and cost-effectiveness of leveraging specialized 3PL providers. The burgeoning rise of cross-border e-commerce, coupled with the increasing globalization of trade, is fundamentally propelling the demand for faster and more reliable delivery times across international boundaries. Enhanced business-to-consumer (B2C) fulfillment expectations are intensifying the reliance on express logistics, particularly in high-volume sectors such as retail, pharmaceuticals, and electronics. The B2C segment is specifically anticipated to register the highest CAGR of 12.5% during the 2025-2030 period within international express delivery, reflecting evolving consumer preferences. Consumers consistently expect same-day or next-day international deliveries, with a compelling 62% indicating a willingness to pay extra for same-day delivery services. Geographically, the Asia Pacific region currently leads the international express delivery market, holding a substantial 44.66% share in 2024, signifying its pivotal role in global trade. Technological advancements are profoundly shaping the industry, with widespread integration of automated sorting systems, sophisticated AI-powered route optimization algorithms, and real-time tracking capabilities, all designed to dramatically increase operational efficiency and transparency. Furthermore, there is a growing and undeniable shift towards more sustainable practices throughout the industry, evidenced by the increasing adoption of electric vehicles for last-mile delivery and the implementation of eco-friendly packaging solutions, factors that could influence the long-term viability of a Frickers franchise within this evolving market.

The financial investment required to secure a Worldwide Express franchise presents a range of options, reflecting the variable scope and market conditions of individual franchise agreements, an essential consideration for any prospective Frickers franchise owner. The initial franchise fee, which grants the franchisee the rights to operate under the Worldwide Express brand for a five-year renewable agreement, varies significantly depending on specific terms and territories. Reported figures for this initial fee span from $33,125 to $327,500, indicating a wide spectrum of entry costs. Other reputable sources corroborate this variability, citing an initial franchise fee range of $28,125 to $315,000, or in some instances, simply stating up to $315,000 as the maximum. This considerable range underscores the importance of thoroughly reviewing the Franchise Disclosure Document (FDD) for precise figures applicable to a desired market. Beyond the initial franchise fee, the total initial investment required to establish and launch a Worldwide Express franchise is also subject to variation. This comprehensive investment, which covers all necessary startup costs, can fall between $46,000 and $364,850. Additional reported ranges for the total initial investment further illustrate this flexibility, with figures cited from $45,980 to $359,650, and another source suggesting a broader range of $25,000 to $150,000. These figures encompass various expenses such as leasehold improvements, equipment, initial inventory, and other pre-opening costs. Franchisees are also obligated to pay an ongoing royalty fee, which is a percentage of their gross revenue, contributing to the franchisor’s continued support and brand development. While some sources indicate a 6% royalty fee, others report figures as high as 16.5% or as low as 7%. This notable discrepancy in reported royalty rates necessitates careful verification by any prospective franchisee during the due diligence process to understand the precise financial commitment. In terms of required liquid capital, potential franchisees must demonstrate sufficient financial solvency to support the initial investment and working capital needs. Criteria for liquid capital also vary, with requirements including a net worth of at least $50,000, a minimum cash required of $25,000, or a cash investment of $35,000. These benchmarks ensure that franchisees possess adequate immediate funds to cover initial operational expenses. Additionally, an estimated range for working capital, which covers day-to-day operational costs during the initial phase of the business, is between $5,075 and $12,950. Specific information regarding an advertising fund (ad fund), which typically finances system-wide marketing and promotional activities, was not explicitly found in the search results provided. Therefore, while investigating a Frickers franchise, a thorough examination of the FDD will be paramount to ascertain the exact initial and ongoing financial obligations.

The operating model of Worldwide Express is built on a non-asset-based framework, positioning it as a highly agile and efficient freight brokerage. This model allows the company and its franchisees to focus on optimizing logistics solutions and leveraging extensive carrier networks without the overhead associated with owning and maintaining a fleet of vehicles or warehousing facilities. The core specialization of the Frickers franchise offering within this system lies in expertly managing small package, truckload, and less-than-truckload (LTL) shipping needs, providing a versatile array of services that cater to the diverse demands of businesses. Franchisees within the Worldwide Express network play a pivotal role in assisting small and medium-sized businesses with their intricate shipping requirements, primarily by collaborating with existing shipping companies to secure lower and more competitive rates. Beyond transactional shipping, franchisees also engage in valuable logistics consulting, offering expert advice and solutions to improve overall shipping efficiency and cost-effectiveness for their clients. A comprehensive and structured training program is a cornerstone of the support provided to new franchisees. Typically, this initial training spans two weeks and is conveniently conducted at the franchisee’s own location, ensuring direct applicability to their specific operational environment. The training curriculum is rigorous and encompasses an intensive sales and management course, designed to equip franchisees with the essential skills to effectively run and grow their businesses. This specialized training can be conducted both at the corporate headquarters, offering a broader strategic perspective, and on-site, providing practical, hands-on experience. Beyond this initial foundational training, the franchisor offers extensive and ongoing resources to its network. These include detailed operational manuals, which serve as comprehensive guides for day-to-day business processes, and robust marketing support, designed to help franchisees effectively promote their services and attract new clients. Franchisees also benefit significantly from a highly supportive corporate infrastructure, which provides continuous guidance and assistance. This infrastructure is complemented by access to cutting-edge technology platforms that streamline operations, enhance efficiency, and provide competitive advantages in the marketplace. Crucially, franchisees gain immediate access to Worldwide Express’s extensive carrier partnerships, including its strategic alliance with UPS, its network of over 75 leading LTL carriers, and its connections with more than 45,000 truckload partners. This vast network ensures unparalleled service options and competitive pricing for their clients. Worldwide Express also actively recommends and facilitates ongoing learning opportunities to further enhance business development skills and keep franchisees abreast of industry trends and best practices. It is important to note that active ownership is a fundamental requirement for a successful Frickers franchise, as an absentee ownership model is not permitted, emphasizing the hands-on involvement expected from franchisees.

While Worldwide Express, as a integral part of the larger WWEX Group, proudly reports an impressive nearly $5 billion in annual revenue, and its run-rate sales exceeded $550 million as far back as 2013, specific average revenue per unit or median profit margins for individual franchise units were not consistently or comprehensively disclosed as part of an Item 19 Financial Performance Representation (FPR) in the provided search results. This distinction between corporate-level financial performance and individual franchise unit profitability is crucial for prospective investors in a Frickers franchise. One source, however, referring broadly to "Worldwide Express, Inc.", did provide a general revenue range of $1 million to $5 million, which, while not a precise Item 19 FPR, offers a high-level indication of potential sales volume. Under the stringent regulations of the Federal Trade Commission (FTC) Franchise Rule, franchisors are not legally mandated to provide earnings information in Item 19 of their Franchise Disclosure Document (FDD). This means that the absence of such detailed financial performance data is not, in itself, a violation of federal law. However, if a franchisor elects to make any financial performance claims whatsoever, these claims must be meticulously disclosed and thoroughly substantiated in Item 19. Such disclosures typically include detailed data on revenue, sales, expenses, or profit, and are rigorously required to be based on actual performance figures derived from existing franchise operations. The absence of comprehensive and detailed Financial Performance Representations in Item 19 could be attributed to several factors. It might indicate that the franchise system is relatively new, and therefore, sufficient historical data from a mature network of operating franchises is not yet available to form a robust FPR. Alternatively, it could suggest that the historical financial results of existing units are not strong enough or sufficiently consistent to be presented in a way that would be attractive or beneficial to potential franchisees. A third possibility is that the franchisor simply prefers to avoid the accountability associated with making specific financial performance claims, opting instead to allow prospective franchisees to conduct their own independent due diligence and financial projections. For any individual considering an investment in a Frickers franchise, it is absolutely essential to conduct thorough research, engage with existing franchisees where possible, and carefully review all available financial information within the FDD, even in the absence of a detailed Item 19 FPR, to form a realistic understanding of potential earnings and profitability.

The growth trajectory of Worldwide Express demonstrates a consistent expansion and strategic market penetration, highlighting its resilience and adaptability within the logistics sector. The company initiated its franchise offering in 1995, although other sources cite 2007 and 1998 as alternative starting points for its franchising efforts, indicating a possibly phased or evolving approach to franchise development. By the year 2000, Worldwide Express had achieved a significant milestone, having successfully sold its 100th franchise unit, simultaneously reaching a total sales volume of $50 million, underscoring its early success in scaling the franchise model. As of various reports, the total number of franchise locations within the system differs across data points, reflecting the dynamic nature of franchise reporting and growth. Figures cited include over 200 currently, 140 U.S. locations, 96 franchised locations specifically in the USA based on 2016 FDD data, and an overall count of 138 franchise units. In 2013, the company had notably expanded its footprint to include more than 150 franchises spread across the country, demonstrating steady and continuous network growth. Worldwide Express maintains a robust operational presence not only in the U.S. but also across international borders in Mexico and Canada, illustrating its North American strategic focus. Within Mexico, the company has established a significant presence in key economic centers, including Monterrey, Mexico City, Guadalajara, Chihuahua, and Querétaro, strategically positioning itself to capitalize on cross-border trade and local demand. A testament to the success and scalability of the Worldwide Express model is the fact that half of its franchisees own multiple units, indicating strong franchisee satisfaction and confidence in the system’s profitability and growth potential. The franchise is actively and continuously expanding into new markets, demonstrating an aggressive growth strategy. As per 2016 FDD data, the company had locations in 34 states plus Washington D.C., with a discernible and largest regional concentration located in the South, where it boasted 42 franchise locations, showcasing targeted market development. Worldwide Express is a crucial component of the larger WWEX Group, which integrates the strengths of Worldwide Express, GlobalTranz, and Unishippers. A significant strategic acquisition occurred in October 2015 when Worldwide Express acquired Unishippers Global Logistics, further consolidating its market position and expanding its service capabilities. In terms of recent expansion, Worldwide Express Operations LLC inaugurated

FPI Score

38/100

SBA Default Rate

0.0%

Active Lenders

1

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Fricker's based on SBA lending data

SBA Default Rate

0.0%

0 of 1 loans charged off

SBA Loan Volume

1 loans

Across 1 lenders

Lender Diversity

1 lenders

Avg 1.0 loans per lender

Fricker's — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2006

1 approvals — best year on record for Fricker's.

Top SBA State

Ohio

1 SBA-financed Fricker's locations — the densest operator footprint.

Average Loan Size

$560K

Median $560K — use as a sizing anchor when modeling your own $Fricker's unit.

Lender Concentration

100%

Concentrated

Share of Fricker's approvals captured by the top 3 SBA lenders.

Fricker's's SBA lending pipeline peaked in 2006 (1 approvals). Operator density is highest in Ohio with 1 SBA-financed locations. Average funded ticket sits at $560K, with the median at $560K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Fricker'sunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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