The UPS Store Franchise Information
There are very few companies in the world that have acquired 6,000 territories in 75 different countries. One of such is none other than the UPS franchise; a known leader in the package delivery industry all around the world. UPS’s reputation in the air delivery and freight services industry is highly attributed to its store franchise network. The UPS franchise program has hundreds of successful franchisees running their own businesses around the globe. Below is a UPS Store franchise review to give you a better idea of what it takes to be a UPS Store franchisee.
UPS Store Franchise Information
An established reputation and global recognition are the major reasons why UPS franchises remain ahead of its competitors. Many entrepreneurs now enjoy immense benefits and rewards from purchasing a UPS Store franchise for sale. In addition, many are attracted to UPS Store franchises due to the company’s remarkable support to its franchisees. Such ongoing assistance is provided by UPS’ local and main office representatives. For example, the franchisor supports all its franchisees from site selection to the construction of the store building.
While it is a requirement for prospective franchisees to have knowledge or experience to operate a UPS franchise, the main office of the company also provides a two-week training program and eight-day courses to keep franchisees updated with the latest information regarding the franchise. Support and training like these are truly invaluable benefits to many aspiring and motivated entrepreneurs. Another attractive feature of a UPS Store franchise for sale is its specialized UPS franchise lease program. This program aims to assist prospective franchisees in acquiring the necessary funding or financing. Furthermore, all franchisees are given exclusive access to various products and services, which include copying, postal services, packaging and moving supplies, finishing and printing, and many other business related services. UPS franchises are also proud of their impressive distribution and tracking capabilities.
UPS Store Franchise Cost and Information
UPS’ major clients are medium to large enterprises that belong to the list of Fortune 1000 companies. Most of these companies need integrated solutions to operate and manage their businesses more efficiently. The main office’s Corporate Retail Solutions department positions these solutions. Since all UPS Store franchises are connected through one network system, franchisees can conveniently focus on utilizing their resources and running their establishments to the fullest.
The company requires all its franchisees to be proficient in the English language. Once you apply as a franchisee, you will be asked to undergo and pass an English proficiency test. This process will determine if you are eligible to join the UPS store franchises network.
As for the UPS franchise cost, you need to prepare at least $60,000 as liquid capital for you to purchase a UPS Store franchise. This amount, however, may vary according to your chosen location for business operations. The cost may also inflate due to additional operating fees. This only shows that a new UPS franchise takes time to become profitable. The total investment will most likely range from $170,000 to $280,000. To get more details regarding the total UPS franchise cost, you will have to contact the UPS franchise main office.
UPS franchises are found all around the world, and its network is still rapidly expanding. In fact, the company has been voted by Entrepreneur Magazine’s Franchise 500 as the number one franchise in its field for 19 straight years. So if you are an aspiring entrepreneur, you should not think twice about acquiring a UPS Store franchise.