New network for Pony?
7th April 1994, Page 5
7th April 1994
Page 5
Page 5, 7th April 1994
— New network for Pony?
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.
If you've noticed an error in this article please click here to report it so we can fix it.
• Same-day parcels network Securicor Pony Express is moving into franchising for its new sites to allow it to increase its depot network from 36 to 66 over the next three years.
The courier, part of the Securicor Group, will ask potential franchisees for a joining fee of £8,000-£15,000. It estimates recruits will need £25,000 working capital to cover such costs as premises and staff.
Currently the Worthing, West Sussex-based business turns over £20m with 180 vans, 460 motor cycles and more than 750 staff.
It recruited its first franchisee in Kingston upon Thames last week.
It plans to expand into sites at Basingstoke, Guildford, Oxford, Exeter, Brighton, St Albans, Colchester, Leicester and Coventry.