Quick Facts About the UPS Franchise Opportunity

The facts about the UPS franchise opportunity are easy to find. Here’s the quick rundown: Mail Boxes Etc., Inc. (MBE), a UPS company, is the world’s largest franchisor of retail, postal and shipping service centers. Its franchise brands, The UPS Store® and Mail Boxes Etc., together included nearly 5,000 independently owned locations around the world, providing value-added and convenient business services to consumers, corporate “road warriors” and companies. small offices / homes. office market (SOHO).

Facts about the UPS franchise opportunity It can also be a bit more difficult to find if you have some questions about how viable the business opportunity is. Although Mail Boxes Etc. The concept was introduced in 1980 as a convenient alternative to the post office, recently the UPS Store franchise program has been embroiled in a controversy over whether or not it is a good franchise opportunity based on claims of franchisees who claim that their franchisor is unfairly competing with their franchisees. .

THE PRICE OF SUCCESS?

Probably the biggest questions most people have are the high start-up costs of a UPS franchise. The numbers may vary by location, city and state, and country … but here are some “ballpark” numbers in case you’re considering jumping into this business.

Financial information for a “new UPS franchise”:

• Initial Cash Required = $ 7,500
• Total investment required = $ 145,825 – $ 247,047
• MBE offers financing of up to $ 50,000 for accessories and equipment.
• The deductible fee is $ 29,950.
• The net worth requirement is at least $ 150,000
• Cash or liquid assets of at least $ 50,000 are required.
• The ongoing royalty fee is 5%
• Contract duration: 10 years, renewable

Are you buying a JOB?

Absentee ownership of a UPS franchise is allowed, but keep in mind that the number of employees needed for a franchise is 3-5, and if you’re not careful … you can quickly end up as one of those employees, needing to dedicate countless hours just to survive.

According to some, profitability (read “cash flow”) is a serious challenge for new UPS Store franchise owners. A major concern in franchising, a problem called shake, is described as “The average store resells when the original owner runs out of cash needed to continue operations, then the second or third owner has a chance to start generating income. “.

The facts about the UPS franchise opportunity are everywhere and you must be very careful if you are looking for this type of business opportunity. Do your “due diligence” and find out all the facts about this franchise.