You'll Never Guess How Much It Costs to Run a UPS Store...

[@Vettedbiz]

Need help finding the right franchise? Click here: www.vettedbiz.com/franchises/

[@NATUREN3ST]

Had my first day today. (Working in a ups store)

[@Vettedbiz]

You got this!

[@zaid55452]

How you like it ?

[@AngieDhkymom]

Is it a good idea to purchase an already established business for 648,000$?

[@Vettedbiz]

What's the earnings/ cash flow?

[@AngieDhkymom]

It doesn't say

[@Vettedbiz]

@@AngieDhkymom reach out to the seller to find out

[@scottsullivan234]

The profit margins are HUUUUUUGEEEE at the UPS Store. Just for packaging you could make 20x 40x the cost of the cheap materials. And COVID19 has made deliveries the norm. People will eventually catch onto the outrageous costs, but as for now our local UPS store does great business.

[@Vettedbiz]

For sure! Key is opening the locations with minimal capital to get your payback faster

[@uke5769]

Hey Scott could you reach out to me and maybe help out with my first UPS franchise? I would love to talk to you and know the exacts. I’m a 21 Y/O, eager and hungry dude so I just need some guidance. Thank you!

[@scottsullivan234]

@@uke5769 - In any business, I recommend working at the same or similar business. Forget the terrible wages. It's about getting detailed hands on experience. Far better than a textbook.

[@quasar4601]

I own a store and is a living hell . You are just a glorified Amazon slave

[@adamnasher944]

Thank you very much for explaining all the details on opening a ups. One question please.im interested in opening a ups franchise but there is one a bout a mile and half. Is it conflicted of interest. Thank you

[@Vettedbiz]

I would check directly with UPS Store

[@quasar4601]

You have to understand that you have to deal with over 100 Amazon drop offs a day and they get free storage and packing . It’s a bad franchise

[@changgao5312]

@@quasar4601 don’t they make money on return packages too ? Which is great ?

[@quasar4601]

@@changgao5312 You get .70 cents to $1 only

[@changgao5312]

@@quasar4601 by any chance I can DM you more about franchising with ups

[@muhammadbah3868]

How to get in touch with you?

[@Vettedbiz]

Can shoot me an email at [e-mail]

[@MdMasud270ok]

Got 90% off in ups ground, let me know if anyone interested

[@danytm10]

So do you think a UPS Store franchise is worth it?

[@Vettedbiz]

It can be! It will largely depend on the location and expenses related to the store build out.

[@quasar4601]

I own one No way !!! It’s horrible

[@mcz428]

@@quasar4601 I’m 26 looking to get into it - is it really not worth it?

[@quasar4601]

@@mcz428 No !!! You have to provide free packing and storage to over 50-200 Amazon drop offs a day . I still own a ups store but I am going to dump it in a few years . And now for any new owner you have to be open on Sunday’s and you will next summer have to pay for the Blue horizon store look that is 250,0000

[@quasar4601]

@@mcz428 It’s also impossible to keep any employee unless you pay $15 !!! I only make 5-6,000 a month and not worth the stress and head aches

[@greenpurple4427]

There is an established business for sale for $970K. The description: The acquisition opportunity presented to the market is for a highly profitable, full service, packing and shipping franchise location. (What does that mean?) 1200 sq. ft. Shop, Lease Ending 12/31/2028, Lease $6577/Month/NNN. Gross rev $830K, cash flow $300K. This is my first business venture and I'm reaching my golden years soon so I want to make sure I'm making the right decision. Could you please let me know if it's worth it? Thanks!

[@Vettedbiz]

Find out how many hours the owner works in the business What happens when the lease expires? Why is the owner selling? Can you grow revenue much higher so you sell the business for more than you bought it for? Might not be much more room to grow the business...

[@greenpurple4427]

@@VettedbizYour last two question/comment have made me realize that this is a very hefty business deal and it's not worth getting into. Thank you for opening my eyes! This is a Postal Annex franchise. If you don't mind sharing, what are your thoughts about owning a Postal Annex office? I like this business model and am interested in buying one of their offices if another one comes up for sale. Thanks so much for your feedback!

[@Vettedbiz]

@@greenpurple4427 thanks for your kind words. I need to study further Postal Annex.