The UPS Store Franchise Opportunities
The UPS Store network is the world's largest franchisor of retail shipping, postal, printing and business service centers. Today, there are more than 5,000 independently owned The UPS Store locations in the U.S., Puerto Rico, and Canada. The UPS Store, Inc., franchisor of The UPS Store brand, is a wholly owned subsidiary of United Parcel Service (UPS). The UPS Store franchise locations offer business services to small-office/home-office (SOHO) marketing, corporate offices and consumers.
In addition to traditional locations in shopping centers and commercial complexes, The UPS Store locations can be found on college campuses, military bases, convention centers, hotels and urban renewal areas/empowerment zones.
How much does The UPS Store franchise cost?
The UPS franchise cost ranges depending on various factors, including the territory where the office is located, the area of operation, needed equipment, supplies, software, construction costs, and much more. There are traditional and non-traditional locations that also influence the cost. So, how much is a UPS franchise worth? They estimate the investment required for acquiring the franchise and operating it for the first few months at $150,000 - $510,000. The franchisor recommends having at least $60,000 in liquid capital to manage the business successfully at the early stages of operation. Franchisees must cover a franchise fee of $29,950.
Initial investments: $150,000 - $510,000
Liquid Cash Requirement: $60,000 - $100,000
Ongoing Fees
Initial Franchise Fee: $29,950
Ongoing Royalty Fee: 5%
Ad Royalty Fee 2.5%
UPS Franchise Overview
The UPS store is a leader in the industry. It has over 40 years of experience, and over 5 000 units across the USA. There are always UPS franchises for sale. The brand offers entrepreneurs a chance to become a part of a vast network with loyal customers from all over the country. UPS provides a comprehensive training program to its franchisees, along with ongoing support throughout the way. The brand’s services are in high demand and will only gain more popularity in the years to come. The UPS franchise store is a great choice for entrepreneurs that want to become operators of a well-known brand with promising financial prospects, who desire to test their management and business skills.
How to Buy UPS Franchise
The acquiring process is quite simple. You submit an application, undergo interviews and review franchise agreement, then you secure financing and complete training. After signing the contract, you officially become a UPS franchisee.
Support Options
On-The-Job Training: 80 hours
Classroom Training: 72 hours
Absentee Ownership Allowed
Number of Employees Required to Run: 3-5
The UPS Store Franchise Info: https://www.theupsstorefranchise.com
Request Free Info