How profitable is
The UPS store?
How much will it cost to open?
Can The UPS Store franchise be a profitable business venture?
Are you looking to invest in a franchise and wondering if opening a UPS Store is worth it? If so, then you’re in the right place! A UPS Store franchise can be an incredibly profitable business venture. However, it’s important to understand the costs associated with opening one up.
Let’s dive into the details and explore just how profitable a
UPS Store franchise can be.
Owning a UPS Store comes with many advantages compared to owning other types of businesses. For instance, you don’t need any previous experience in running a business since all staff members will be trained by UPS beforehand. Additionally, you benefit from established brand recognition which means customers already trust your service before they even try it out! Finally, you get access to networks of other successful businesses in similar industries which can help you grow your own success even further down the line.
The payoffs of owning a UPS store franchise
The payoffs of owning a UPS store franchise can be decent to great, depending upon how many franchise units you own. With this type of model, it is best to own at least three to five units to achieve a worthy annual net and high business valuation.
But it is important to remember that not all stores are profitable. To be successful, a UPS Store franchise requires a suitable site and efficient management.
Does the franchisor provide any financial assistance to franchisees?
Yes, the franchisor does provide financial resources to franchisees in various forms such as financing for initial equipment costs, equipment lease financing, and loans for multiple center owners. The franchisor participates in the IFA's VetFran program. Military veterans may qualify to receive $15,000 off the franchise fee. It's important to note that the franchisor has the right to modify or discontinue any financing programs at their discretion.
How long is the initial franchise term, and how can it be renewed?
The initial franchise term is 10 years. Franchisees have the option to renew for successive periods of 10 years each as long as they are in good standing. The renewal is subject to the then-current version of the Franchise Agreement during each renewal period.
What are the estimated initial investment costs for opening a UPS Store franchise?
The average cost to open a UPS store is around $350,000.
The minimum investment amount required to open a The UPS Store franchise is $138,433. It can go all the way up to $470,031.
The average adjusted gross sales for a UPS Store in 2020 was $607,750 according to their 2021 Item 19.
The estimated initial investment costs for opening a UPS Store franchise can vary depending on several factors. The range of estimated costs includes fees such as the initial franchise fee, marketing plan fee, design fee, site survey, center development fee, initial training fees, travel and living expenses during training, site rent and security deposit, leasehold improvements, construction costs, signage, furniture, and decor items. Additionally, costs may include expenses for computer hardware, installation, and freight, digital media, optional keyless entry, annual technology development and support fees, software, printer lease, other equipment, start-up supplies, utility deposits, insurance, and additional funds for a 3-month period.
The total estimated initial investment for opening a UPS Store franchise typically falls within a range, covering various types of centers from rural programs to regular franchises. The estimated range provided encompasses the investment needed for new traditional centers, with details available in the Franchise Disclosure Document (FDD). It is important to note that non-traditional center investment costs are addressed separately in a different FDD.
How long is the initial franchise term, and how can it be renewed?
The initial franchise term is 10 years. Franchisees have the option to renew for successive periods of 10 years each as long as they are in good standing. The renewal is subject to the then-current version of the Franchise Agreement during each renewal period.
coney island franchise cost
does ups accept cash
dominos franchise profit margin
leo's coney island franchise
leo's coney island
How much does a UPS Store franchise owner make?
Based upon the numbers above, a The UPS Store franchise owner can expect to make a profit of only around $60,000 - $120,000
Questionable Profitability –
According to a very reliable source, it takes "about $365,000 in annual gross sales" to produce a modest "$35,000/yr income for the owner" and "about 60% of all US stores do not break even."
What are the estimated initial investment costs for opening a UPS Store franchise?
The estimated initial investment costs for opening a UPS Store franchise can vary depending on several factors. The range of estimated costs includes fees such as the initial franchise fee, marketing plan fee, design fee, site survey, center development fee, initial training fees, travel and living expenses during training, site rent and security deposit, leasehold improvements, construction costs, signage, furniture, and decor items. Additionally, costs may include expenses for computer hardware, installation, and freight, digital media, optional keyless entry, annual technology development and support fees, software, printer lease, other equipment, start-up supplies, utility deposits, insurance, and additional funds for a 3-month period. The total estimated initial investment for opening a UPS Store franchise typically falls within a range, covering various types of centers from rural programs to regular franchises. The estimated range provided encompasses the investment needed for new traditional centers, with details available in the Franchise Disclosure Document (FDD). It is important to note that non-traditional center investment costs are addressed separately in a different FDD.
The average cost to open a UPS store is around $350,000.
The minimum investment amount required to open a The UPS Store franchise is $138,433. It can go all the way up to $470,031.
The average adjusted gross sales for a UPS Store in 2020 was $607,750 according to their 2021 Item 19.
Net profit between $60,000 - $120,000 and 3-5 years to recoup investment.
We give the UPS Store franchise a D grade in terms of investment/return ratio.
Discover
Top Recession-Resistant
Semi Absentee Franchises:
-Easy to manage
-Offer high-ticket services
- Boast a low failure rate 🚀
Advantages of a UPS Store Franchise
When you own a UPS Store franchise, you are essentially in the business of retail shipping. This means that your customers will be both individuals and businesses.
The UPS Store offers a wide variety of services that your customers can take advantage of, such as:
- Printing
- Packing and shipping
- Mailbox services
- Notary services
- Freight services
- Marketing and design services
You can expect your customers to use your services for both personal and business purposes. This provides you with a great opportunity to build relationships with your customers and become a trusted resource for them.
What are the obligations and restrictions for UPS Store franchisees?
UPS Store franchisees are required to appoint a primary operator who will be responsible for the day-to-day supervision of center operations. This primary operator must undergo specific training programs provided by the franchisor, including new franchisee training and financial management training. Additionally, a full-time employee must attend and successfully complete the print services training program. The franchisees are obligated to use the premises solely for the operation of the center and maintain regular hours of operation as specified by the franchisor. They are prohibited from using the premises for any other purposes without written consent from the franchisor. The operations of the center must adhere strictly to the methods, standards, and specifications outlined by the franchisor in the operations manual or other written guidelines.
What are the training requirements for UPS Store franchisees?
The training requirements for UPS Store franchisees include participating in various training programs offered by the franchisor. These programs are designed to enhance business management, technical, conceptual, and diagnostic skills essential for operating a successful franchise business. Franchisees are expected to complete an introductory web-based training followed by a multi-phased The UPS Store Franchisee Training Program. This program consists of two main parts: the In Store Experience Parts I and II, consisting of five days each at a local/regional Certified Training Center, and the University Business Course, an eight-day program held in San Diego at The UPS Store University. In addition, the designated primary operator must attend and successfully complete a Financial Management Training Program provided by an approved vendor within six months of the effective date of the Franchise Agreement. Franchisees and their supervisory employees may also be required to participate in periodic supplemental or refresher training programs as determined by the franchisor.
When did the UPS Store business begin and start franchising?
The UPS Store business was established and commenced operations in the year 1980. At the same time, the UPS Store initiated its franchising opportunities, allowing other individuals or entities to own and operate UPS Store locations under the franchise model since 1980.
As a UPS Store franchise owner, you will have the support of the UPS brand behind you. This can be a great advantage when it comes to attracting customers and building your business.
The UPS Store franchise offers a proven business model that can be profitable for the right owner. If you are looking for an opportunity to be your own boss and build a business with potential for growth, a UPS Store offers nice advantages with the right unit strategy.
UPS Store Franchise Costs
Opening a UPS Store franchise will cost you between $138,433 and $470,031. These costs include the initial franchise fee of $29,000 as well as other startup costs such as equipment, signage, leasehold improvements, and working capital.
You will also need to pay a monthly royalty fee of 5%, which is based on your gross sales.
The UPS Store has a franchise term of 10 years, with the option to renew for an additional 10 years.
Is a UPS Store Franchise a Good Investment?
If you are looking for a business opportunity with potential for growth and profitability, a UPS Store franchise can be a good investment. The key to success with this franchise is to choose a good location and manage your business efficiently.
With the right strategy in place, a UPS Store franchise can be a profitable addition to your portfolio.
The UPS Store Average sales / revenue per year
Total Investment: $350,000
The UPS Store Owner's profit per year: Approximately: $100,000
Estimated time to profitability/ROI: 3.5 - 4 years
Number of UPS Stores in the US: 4,326 (as of December 2020)
UPS Store Franchise Cost: $138,433 - $470,031 Franchise Fee: $29,000
UPS Store Franchise Term: 10 years, renewable
Monthly Royalty Fee: 5% of gross sales
Financial requirements and fees
UPS Store Franchise Requirements: You must have a net worth of at least $350,000 and liquid assets of at least $100,000 to qualify for a UPS Store franchise. You will also need to have prior business experience and be able to pass a background check.
Monthly Royalty Fee: 5% of gross sales
Marketing Fee: 2.5% of gross sales
Are The UPS Store top earning franchises amongst the most lucrative franchise?
Is the postal and business services franchise segment growing?
Learn if a The UPS Store business services franchise is worth it as you explore the ups store network.
Get a FREE franchise consultation.
how to apply for ups sLearn the franchises that cost much less than
The UPS Store and can make you MUCH MORE!
Click Here to learn more.
When you "buy" a Chick-fil-A franchise
you are buying yourself a job.
You don't own it. They do.
how to open a ups account
incomestore reviews
jersey mike's average unit volume
world class customer service
ups store franchises
computer application knowledge
requires strong interpersonal skills
Advantages of a The UPS Store Franchise
Instant brand recognition and trust from businesses and consumers alike.
Wide variety of services that your customers can take advantage of, such as:
- Printing
- Packing and shipping
- Mailbox services
- Notary services
- Freight services
- Marketing and design services
You can expect your customers to use your services for both personal and business purposes. This provides you with a great opportunity for multiple revenue streams and repeat, high value customers you can depend on for steady revenue.
What's it like doing business with ups? What is the express personnel franchise cost?
Is ups notary legit? What is the little caesars franchise failure rate?
Want more ups franchise info? Want to know who their diverse suppliers and company's profile is and how it affects suppliers, diversity reflect on the investment?
who owns ups
franchise consulting group reddit
franchises for sale in florida
the ups store san jose reviews
ups stores for sale in florida
eight turn crepe franchise
free option
free returns
amazon customers
whole foods
amazon fresh
box free returns
How much does a UPS Store franchise owner make?
The UPS Store Owner's average profit per year is approximately $100,000. It takes "about $365,000 in annual gross sales" to produce a modest "$35,000/yr income for the owner" and "about 60% of all US stores do not break even."
Is The UPS Store a good investment?
The UPS Store offers a proven business model that can be profitable for the right owner. If you are looking for an opportunity to be your own boss and build a business with potential for growth, a UPS Store offers nice advantages with the right unit strategy.
We recommend 3 -5 units for a properly capitalized investor.
ups store for sale nj
99 cent store franchise
franchise under 30k
opiniones de the ups store miami
ups store franchise for veterans
ups store san jose ca
dollar store industry
other value conscious consumers
other basic grocery items
basic grocery items
name brand closeouts
price sensitive consumers
closeout merchandise
What is the most profitable franchise to own?
There are hundreds of top franchise investments out there that can be grown to be very profitable businesses. But not all of them are right for you. Want help figuring out your best franchise investment or investment strategy?
Find A Great Franchise And Save A Fortune.
- Make a smart move. Work with The Franchise Insiders.
- We get you direct access to the best franchises.
-We have all the connections you need from accountants to
attorneys to help you start your franchise.
- We get you the lowest prices on top franchises.
We routinely save clients $10K - $20K on franchises!
- We give you franchise financing guidance that will save you a fortune in taxes.
Want to learn which franchises make the most money and which make the least? Click Here
Unveiling the Lucrative World of High-Earning Car Wash Franchises. Click Here!
Why Investing in an In-Home Senior Care Franchise (Absolutely must be considered) Click Here!
What is the Senior Helpers franchise and why is it a good opportunity? Click Here
jersey mikes franchise annual profit
ups store for sale los angeles
what is a franchis
jersey mike's franchise owners
jersey mike's franchise systems
jersey mike's franchises
jersey mike's franchise cost
jersey mike's subs franchise
best profitable franchise in usa
cyclebar franchise profit
money mailer franchise reviews
profitable franchise businesses
most profitable franchise businesses
the ups store fort worth reviews
fedex franchise cost
the ups store chicago reviews
unhappy franchisee ups store
find the ups store
franchise profit margin
how much popeyes franchise make
top grossing business franchises
typical day at ups franchise
ups store for sale in georgia
ups store franchise reivews
food costs
franchise business review
net profit margins
most profitable franchises
store
starting a ups store franchise
ups franchise for sale
ups franchise reviews
buy ups franchise
crumbl franchise cost
ups store franchise review
ups store franchising
small business ownership
san diego
personal and financial independence
franchise business
experienced national brand
estimated initial investment
franchise industry
ups store franchise
ups store
ups store franchise cost
business service centers
mail boxes
ups store brand
ups store franchisees
franchise owner
ups store franchise costs
ups store location
traditional locations
franchise agreement
ups store inc
mail boxes etc
ups store locations
franchise owners
ups stores
united parcel service
store in store locations
ups store owners
franchise fee
franchise fees
business services category
ups acquired mail boxes
boba shop owner salary
home care franchise profit margin
income store com reviews
jersey mike's failure rate
jersey mike's franchise owner salary
ups store franchisee
ups store offers
franchise opportunities
initial marketing plan fee
ups store centers
initial franchise fee
center development fee
other general business services
existing franchised centers
initial training fees
general business services
united states postal service
center development coordinator
small business owners
annual gross sales
university training programs
ups brand
lease negotiation assistance
franchise costs
store locations
franchise disclosure document
convention centers
liquid assets
monthly sales
hardware stores
financial requirements
other franchises
retail shipping
franchise ownership
us stores
american messenger company
designated primary operator
business model
initial investment
training costs
world's largest franchisor
prospective franchisees
print services
most advanced technology
renewing franchises
rural program
small businesses
initial application fee
more than one trainee
company's headquarters
newly constructed centers
local community
rural locations
gross revenue
liquid capital
startup costs
living expenses
post office
re opened centers
dollar store franchise profit
ups store start up costs
franchises under 10k
is ups a private company
popeyes franchise owner salary
dollar store
dollar store business
dollar stores
dollar store businesses
dollar store owner
dollar store services
the ups store miami reviews
ideal furniture franchise reviews
domino's franchise profit margin
ups store sale near me
ups store owner complaints
average pizza shop owner income
ups store owner reviews
UPS store franchise start up cost
what type of business is ups
the ups store hialeah
the ups store smithfield
the ups store 11040
absentee business
absentee owner
own business
UPS store located
UPSs
ups store franchise owner list
safe ship franchise reviews
ups store manager salary
absentee owner business for sale canada
best franchises for rural areas
best franchises to own reddit
absentee owned businesses
canada businesses
service salon
british columbia
business development
prime location
the ups store houston reviews
ups merchandise
pack and ship franchise
the ups store san antonio reviews
are coffee shops profitable reddit
best jersey mike sub reddit
cheap businesses for sale
franchise.theupsstore.com
rockbox fitness monthly cost reddit
what does ups sell
ups store fdd
advice about considering a ups franchise
how do shipping stores make money
how does a franchise make money
ups store franchise location
ups store franchise opportunity
franchise system
retail service businesses
ups merchandise catalog 2021
open works franchise reviews
ups store jobs
franchise consultant near me
franchise earnings claims
franchise profits
franchise consultant
franchise brands
franchise sales
franchise marketing
franchise development
franchise businesses
ups franchise information
cheap fast food franchise
tint world prices reddit
food franchises
cheapest fast food franchisehomewell franchise cost
best package store near me
dogtopia franchise owner salary
franchises with the highest profit margins
new u franchise cost
liquor store
best liquor store
hard to find bottles
extensive selection
ultimate destination
restaurant f
ranhomewell franchise cost
best package store near me
dogtopia franchise owner salary
franchises with the highest profit margins
new u franchise cost
liquor store
best liquor store
hard to find bottles
extensive selection
ultimate destination franchise
ups store for sale in california
all dry franchise reviews
bft franchise cost
bft franchise for sale
big body bes net worth
garage experts franchise complaints
how much does qc kinetix cost
dry franchise
dry services franchise
dry franchise owners
unexpected and unfortunate events
dry franchise cost
dry franchises
restoration and cleanup jobs
ups scanning cost
usps franchise
express employment resales
fastest labs franchise cost
express employment professionals
express employment professionals franchise
temporary or contract staffing
knowledgeable franchise owner network
cheap franchise under 1000
franchise sales ups store contacts
krokit
low cost franchises
take over ups store franchise
ups store available markets
ups store target market
independent insurance broker
aspiring business owners
corporate office
direct sales model
cheap franchises
create personalized poetry gifts
credit repair software
franchise 500
franchise success rates
true value franchise cost
ups franchise operations manager salary
ups notary charge
ups store google reviews
comprehensive franchise ranking
current franchise disclosure document
entrepreneur magazine
entrepreneur media llc
exciting business models
franchise located
theupsstore.com linkedin
ups store for sale in texas
family dollar franchise cost
franchise business idea
ups business pricing
ups store convention 2024 las vegas
family dollar store
family dollar
family dollar franchise
dollar tree
family dollar stores
first family dollar store
other dollar stores
Comments