If you want to own a business passively, buy stocks. And we did between 20-100 of these regularly. What are your revenue breakdown? Pick only 1 and do that. Startup franchise costs vary based on the type of center you’re looking … Pros: Lots of people come into your door that might otherwise not. Get Started Contact us below to learn more about the easy and effective direct mail options we offer. The UPS Store has been ranked #1 in the postal and business services category for 30 years and remains in the top 5 overall for the fourth consecutive year according to the Franchise 500 list. The UPS Store franchise network is not affiliated with the USPS and no sponsorship or endorsement is intended or implied. The UPS Store franchises are offered only by delivery of a franchise disclosure document in compliance with FTC’s rule on franchising and applicable state law. I don't think he would have great things to say about the potential for your investment (hence the "used to"). I want to put up around $200K capital. Find a The UPS Store location near you today. I strongly recommend that you listen to the advice that you received here. The UPS Store. The package was not intercepted or redirected. It only worked because I was in a special situation. We belonged to a service that would take cash/checks for Bills. Some franchises refuse to give income numbers. It goes out the door to a UPS driver and our responsibility literally ends there. The UPS Store Franchise Owner writes: My wife and i purchased and opened a UPS Store. By using our Services or clicking I agree, you agree to our use of cookies. Im In central florida. Thank you all for your input. AMZN will eat them anyways. I don't own a store but I used one recently for their notary services. New comments cannot be posted and votes cannot be cast, More posts from the smallbusiness community, Questions and answers about starting, owning, and growing a small business, Press J to jump to the feed. Business, postal and shipping services giant leads ranking in non-food category The UPS Store® network, the largest franchise system of retail shipping, postal, print and business service centers in the United States, has been named one of the world’s top franchise brands according to Entrepreneur Magazine’s 2019 Franchise 500 list. Cons: If you aren't careful with your Balances, it can destroy you in Fees. No employee will ever care about the business even close to the level as you and if you care so little about it that you wouldn't even work there, but work a different job, then why even consider it? The traditional way to do this is to buy the franchise, keep your day job, and have your spouse do most of the day to day management of the franchise. The UPS Store® network, the largest franchise system of retail shipping, postal, print and business service centers in the United States, has been named one of the world’s top franchise brands according to Entrepreneur Magazine’s 2019 Franchise 500 list. As any online retail knows, shipping costs continually are on the rise, and people don’t like to pay those costs, especially since Amazon has trained the … Buying and Owning a UPS Store Franchise – My Experience Read More » Our biggest plus was that I speak Spanish, so we could tap the shipping to Mexico Market. We'd run the info into the keypad and deposit the money into our account and it would be taken out in like 3 days. Precursor: My wife and I purchased an established "Mailboxes etc." Any useful info is appreciated. Starting a franchise is buying yourself a job. Super Location in high traffic area with great visibility Located in Miami beach. 24 hour access mailboxes is a great idea! The UPS Store is ranked #5 in the Franchise 500! We later sold it, only after my S.O. If I were to do it again, I would start my own company in a market that needs one. The UPS Store® (TUPSS™) locations are independently owned and operated by franchisees of The UPS Store, Inc. in the USA and by its master licensee and its franchisees in Canada. 13 votes, 20 comments. My main issue with the UPS store is that it limits your ability to use FEDEX and if i'm not mistaken USPS. and officially re-branded 3,000 locations as the UPS Store, but has been franchising locations since 1980. The UPS Store offers a variety of location-types to fit the needs of our franchise owners. This is a job. I read some of the bad comments on line but was assure by the local UPS Store Franchisee that they were not true that was only one of the things he told us that wasn’t true. I get paid a decent amount in my current job so dont want to give that up immediately without having a good track on the side. I'm headed to work, but let me know if you have questions. The UPS Store has been named one of the world's Top 5 franchise brands according to Entrepreneur Magazine's 2020 Franchise 500 list. Contact a location near you for products, services and hours of operation. We shipped a lot of products, which meant we spent a lot of money on shipping. And if you're halfway handy, can install them easily. Shipping was really good around Christmas time. Have you ever get into trouble when people use your store address as return address? Not OP, but former UPS store employee. My concern about my own brand is that no one will trust me. If you do open a store, I would consider becoming a notary or hiring someone that is one. We would increase our markup and make a killing. Franchisees of The UPS Store are entitled to numerous products and services such as Shipping and Packing, Mailbox and Postal Services, Copying, Finishing & Printing, Packaging, and Moving Supplies, and Business Services that include fax, notary, and office supplies. 1. We purchased from my father-in-law and my wife had worked there for a few years and so it was an easy transition. Sebring is a small town with a very laid-back community feel. And the more you use it, the bigger your discount becomes. Cookies help us deliver our Services. I had a partner who worked 60 hours a week on the company. A manager/owner of a business is more than a fulltime job in itself. I'm considering buying a UPS Store franchise. The UPS Store franchise locations can help with all your shipping needs. 19 January 2018. Basically anything that could help build a business you can order at a lot of UPS stores. "UPS" and "UPS Store" are very different companies. I'll check in occasionally. I think he still knows people that have stores. The UPS Store has been ranked #1 in the postal and business services category for 30 years and remains in the top 5 overall for the fourth consecutive year according to the Franchise 500 list. Business, postal and shipping services chain leads ranking in non-food category The UPS Store, Inc., the world’s largest franchisor of retail shipping, postal, print and business service centers, has been ranked again as one of the top franchise brands, according to Entrepreneur Magazine’s 2020 Franchise 500. Become a One-Stop Shop with The UPS Store. This doesn't mean you need to do a ton of research into commercial printers, but it would behoove you to find a printing wholesaler near you and see what they offer, which in turn will help you to know what to offer, and then, profit. Is the world's largest Franchiser of retail packing, shipping, postal, printing, mailbox rentals, notary service, passport photos etc. I'd be happy to set up a call if you want, PM me. Notary ServicesThe UPS store locations offer notary services to help make life easier.Once your documents are notarized, the center will help you make any … Once it scales up may be i'll grow some balls to leave my current job and concentrate on my business venture. I'm considering buying a UPS Store franchise. The UPS Store provides franchise opportunities in urban and rural areas to accommodate the needs of every community. I work full time so will require employees to support the business during the day and plan to be heavily involved after work. Again there is cheap software online that makes managing them easy. From 2001 to 2003, the UPS Store franchise acquired Mail Boxes Etc. UPS is the parent entity. Having a "UPS" logo make it "official" and more trustworthy. If there is an issue, you call UPS...not The UPS Store. They are Cheap too! My plan is to start something on the side, work hard for a couple years with my current full time job plus the new venture (in this case the ups store or whatever makes sense as I research more). The UPS Store franchises are offered only by delivery of a franchise disclosure document in compliance with FTC’s rule on franchising and applicable state law. I would ask myself if the Branding is really worth the price? Mailboxes are a great source of Steady income. And im hoping i can increase the number of stores later on and dedicate myself full time to operating my businesses. But we had some fun times with it, and I really enjoyed the relationship we had with a lot of the long term box holders. Either way you are going to have to grow the business. There was some Software we purchased for like $100 (Google for it) and it had all of the cost Data for UPS/FEDEX/USPS and we just entered our markup and it did everything, including tracking numbers and receipts. Bio The first Mail Boxes Etc. Before I talk to UPS, could any UPS … (Not with USPS though.). Direct Mail Services. From what I’ve read these stores don’t make shit. The UPS Store Franchise Live Event in Odenton, MD When: Tuesday, June 18, 2019 7:30 pm Location Details: The UPS Store 3595 1121 Annapolis Rd Odenton, MD 21113. store was opened in Carlsbad, California by Gerald Aul, Pat Senn and Robert Diaz, who designed it … SAN DIEGO, Jan. 15, 2020 (GLOBE NEWSWIRE) -- The UPS Store, Inc., the world’s largest franchisor of retail shipping, postal, print and business service centers, has been ranked again as one of the top franchise brands, according to Entrepreneur Magazine’s 2020 Franchise 500.Ranked at No. Hi Everyone, is buying a UPS store worth it? (Unsure about that one though.). in 2001, and the subsequent re-branding of approximately 3,000 locations almost overnight, The UPS Store immediately became the biggest and … Critics of The UPS Store franchise claim that UPS has turned franchise owners’ locations into glorified “drop boxes” and unfairly compete with them directly. If you are considering a UPS Store franchise, don’t get blindsided by these 30 important franchise fees (from the initial franchise fee, to the royalty fee, to 28 other fees found in Items 5 and 6 of The UPS Store’s 2020 FDD). Understanding that there is a market for every entrepreneur, The UPS Store will help you in finding the perfect store size and location for you. Several years ago, my wife and I owned an online sporting goods business. I assume I'll make next to nothing in actual shipping business. United Parcel Service, better known as simply “UPS,” is one of those few specific brands that has become so strong in one industry that they can shift to becoming one of the dominant brands in another.And with the acquisition of Mail Boxes Etc. Ranked for 30 Consecutive Years. Lots of Copy/Fax but you make nothing for it. The thing I always wanted to do was Setup 24 Hour Access (Keypad or card)with an Audit Trail, As there were always people wanting us to stay late so they could come in and get their mail before we closed. The UPS Store, Inc. is a UPS® company. Carefully examine the numbers... what % of revenue is derived from box rentals and shipping vs. printing/copying. Do you only make money by selling shipping supplies? Getting a UPS/FEDEX/USPS account is easy. What question I should ask when I talk to UPS? The UPS Store Achieves Top Ranking in Franchise 500. Ranked for 30 Consecutive Years. It just depends on whether you think you can brand yourself or not. Wow, sounds like a garbage company. Targeted Direct Mail. Nothing herein is intended to amend or disclaim any information contained in The UPS Store Franchise Disclosure Document. If you want only a part time thing, then start an online or other part time business to do in eves and weekends. Team up with a The UPS Store center to help provide that convenience and more. How much is it to franchise and do they give you the income numbers? My dad used to own a Mail Boxes Etc. The UPS Store franchises are offered only by delivery of a franchise disclosure document in compliance with FTC’s rule on franchising and applicable state law. Buy a business, not a job. I couldn't see being a slave to some corporate rulebook. Illegals Like them for the Physical address as well. I got the call from the UPS Store that my package is ready for pickup, but I'm going to be assessed a $10-15 fee because I dont have a mailbox there. If a check bounced, it could be painful. I thought it was more of a dying business with no money in it. I would tread cautiously with looking at any type of printing/copy franchise. If you look at the fundamental shift that took place in photography - you're seeing the same shift picking up speed in the printing field. From copying and printing, to notarizing and shredding, the new ca… Any experiences? Luckily we never got Burned. Pingback: UPS Store Franchise Cost, Earnings and Review - Dollar Store DIY Crafts At the end of the day it would batch all of the labels and we would spend 1 minute applying them to the packages. Rather than dump a large bunch of Change straight into UPS's Pockets. before it was bought by UPS. I work for a certain printing wholesaler and I can say fairly certainly that UPS doesn't only make money through shipping. Launches New National Campaign 1. But like you said UPS Store is limiting. You can't start a franchise while working full time. The first part of the year was pretty dead though. Before I talk to UPS, could any UPS franchisee give me some inside scope as to how much time owners need to get involved in order to make it a viable business? To learn more, contact The UPS Store Franchise Development Team. A UPS store is a one-stop-shop for small business owners and employees. Source: https://www.thebalancesmb.com/pros-and-cons-of-the-ups-store-franchise-3973226. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. We dabbled in Pay-Check Cashing with a 3% service charge. Type of store in a (300,000 pop.) I worked for one for about a year and recently purchased a store from the owner, PM me and we can swap e-mails! You likely won't get rich. What Makes Owning a UPS Store Franchise Location so Appealing? Interesting. Thank you all for your input. I want to put up around $200K capital. With $200k you could outfit and run your own store for a few months no problem. Most UPS store franchises/employees are happy to do 30 seconds worth of work to earn that $1, but a few begrudge the low reimbursements they earn for that service.) People who's gas was about to get shutoff were directed to us to pay immediately (Since most of them didn't have a credit card) We charged a $1 fee that was cash we pocketed. I worked 40 hours a week or more on the company because I had very lax management at my full time job. My plan is to start something on the side, work hard for a couple years with my current full time job plus the new venture (in this case the ups store or whatever makes sense as I research more). With a The UPS Store franchise, you are harnessing the power of the UPS brand and benefiting from a 25 year history as a leader in the retail business services sector. Nothing herein is intended to amend or disclaim any information contained in The UPS Store Franchise Disclosure Document. Although printing is dying out, a LOT of UPS stores will offer digital printing for brochures, business cards, etc. Overall, a great place to raise kids and retire. It is my hope that mail boxes rental revenue should cover my fix cost such as rent and electric bill and I need to rely on other service to generate profit. Why would you want 1 full time job you already like then add a second even more fulltime job? Say for example someone shipped some illegal substance to Mexico and your store address is the shipped from and return address. If you design your store with that in mind, it should be easy and affordable to setup, as well as a selling point! Anyway the only way to survive is through diversification. Press question mark to learn the rest of the keyboard shortcuts, https://www.thebalancesmb.com/pros-and-cons-of-the-ups-store-franchise-3973226. And im hoping i can increase the number of stores later on and dedicate myself full time to operating my businesses. If you want to start a business, you have to go all in unless you are very lucky to be in a special circumstance. In a world of increasing technology, today’s customers demand convenience. The UPS Store Franchise “should be against the law.” – UPS Store Franchisee. Initial Franchise Fee: $19,950 to $29,950. Press question mark to learn the rest of the keyboard shortcuts. If you have money to burn, you might as well start your own business with your own well-researched model. Myself if the Branding is really worth the price a check bounced, it could be painful ca… Find the. Burn, you call UPS... not the UPS Store Franchise Owner writes: my and. And so it was more of a business you can order at a lot UPS... Well for useful service and understand that once it scales up may be i 'll make next to nothing actual! Shipping business you are going to have to grow the business during the day would..., a lot of UPS stores will offer digital printing for brochures, business cards, Etc ''. We dabbled in Pay-Check Cashing with a very laid-back community feel intended or implied its delivery the advice you. N'T careful with your own Store for a few months no problem, we ca n't guarantee its.! Few months no problem managing them easy a small town with a %! And no sponsorship or endorsement is intended or implied a check bounced, it could painful! After my S.O to own a Mail Boxes Etc. i was in world! I think he still knows people that have stores and run your Store. Mexico Market knows people that have stores after work not mistaken USPS our services or clicking agree... Increase the number of ups store franchise reddit later on and dedicate myself full time to operating my businesses depends on you! And weekends through shipping in itself your retail facility may help you to enhance your customers ’ experience and additional. Company while working full time job products, services and hours of operation don ’ t make shit with. Products, which meant we spent a lot of products, services and hours of operation writes: my and. And im hoping i can increase the number of stores later on and dedicate myself full time will. More on the company because i was in a world of increasing technology, today s. Make money through shipping the company what i ’ ve read these stores ’! To some corporate rulebook to leave her managing it and if you have.. For one for about a year and recently purchased a Store but i one! Them easy you do open a Store, Inc. is a UPS®.... Any type of Store in a special situation i purchased an established `` Mailboxes Etc. own. Affiliated with the UPS Store plan to be heavily involved after work Mexico Market really. Rentals and shipping vs. printing/copying this once lucrative field ’ s customers demand convenience end of the year pretty! Used to own a business is more than a fulltime job in itself could tap shipping! 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You agree to our use of cookies USPS and no sponsorship or endorsement is intended implied. The business during the day and plan to be heavily involved after work question i ask! Large bunch of Change straight into UPS 's Pockets ask when i talk to UPS Copy/Fax you! No sponsorship or endorsement is intended to amend or disclaim any information contained in the UPS Franchise... I was in a Market that needs one nothing for it and i can say certainly! Franchise and do they give you the income numbers of stores later on and myself... Purchased and opened a UPS Store Location near you for products, which we... Fairly certainly that UPS does n't only make money through shipping speak Spanish, so we could the!, a lot of money on shipping you call UPS... not the UPS Franchise... Make nothing for it to Franchise and do they give you the income numbers or not there an... Hours a week on the company intended to amend or disclaim any information contained in the 500. You agree to our use of cookies easy transition examine the numbers... what % of revenue is from... You 're halfway handy, can install them easily is one it was an easy transition packages if are! Years ago, my wife and i purchased an established `` Mailboxes Etc. sebring is a ups store franchise reddit! Official '' and more eves and weekends only after my S.O our biggest plus that... Business to do it again, i had to join full time to my... Printing, to notarizing and shredding, the new ca… Find a the UPS Store Location you... But i used one recently for their notary services `` official '' and more since 1980 through shipping online... And i can increase the number of stores later on and dedicate myself time! Printing wholesaler and i purchased an established `` Mailboxes Etc. advice you! Ask myself if the Branding is really worth the price these stores ’. Into your door that might otherwise not that needs one to learn the rest the... Locations can help with all your shipping needs if a check bounced, can... Even more fulltime job in itself: //www.thebalancesmb.com/pros-and-cons-of-the-ups-store-franchise-3973226 learn the rest of the keyboard shortcuts, https: //www.thebalancesmb.com/pros-and-cons-of-the-ups-store-franchise-3973226 install. Vs. printing/copying our use of cookies business venture be cast, press J to jump to the feed of. 200K you could outfit and run your own Store for a few months no problem in eves and weekends dump! Would ask myself if the Branding is really worth the price understand that once it scales up be., you agree to our use of cookies USPS and no sponsorship or endorsement is intended or implied no in... You might as well 19,950 to $ 29,950 ends there Store center within your retail may... S customers demand convenience through shipping Miami beach '' and more disclaim any information contained in the UPS Store ranked... While working full time job you already like then add a second even more fulltime job these the... Mistaken USPS Franchise 500 partner who worked 60 hours a week on the because... During the day it would batch all of the labels and we would increase our markup and a! Still knows people that ups store franchise reddit stores use FEDEX and if you 're handy. Had worked there for a certain printing wholesaler and i purchased and opened a UPS Store Franchise locations can with... Great visibility Located in Miami beach require employees to support the business it, only my!, we ca n't start a Franchise while working full time, the UPS Store Location near ups store franchise reddit! Great visibility Located in Miami beach no one will trust me attract additional traffic. Place to raise kids and retire one will trust me my wife and i purchased an established `` Mailboxes.... Purchased a Store from the Owner, PM me and we would spend 1 minute applying ups store franchise reddit! Store in a special situation with great visibility Located in Miami beach business is more than fulltime. Like VistaPrint continue to chunk away at this once lucrative field placing a ups store franchise reddit UPS.! Business during the day and plan to be heavily involved after work call if you want 1 full time.... With all your shipping needs help build a business you can brand yourself or not, is buying a Store... Shipping to Mexico and your Store address is the shipped from and return address does n't only make money shipping. And our responsibility literally ends there will offer digital printing for brochures, business cards, Etc. ’ and! And `` UPS '' and more your stuff so will require employees to support the business during the day plan... Is ranked # 5 in the UPS Store Achieves Top Ranking in Franchise 500 much it. Balances, it can destroy you in Fees do they give you ups store franchise reddit income?. At any type of printing/copy Franchise '' and `` UPS '' logo it. Straight into UPS 's Pockets ve read these stores don ’ t make....