Check out these top five reasons to start a The UPS Store franchise.
The UPS Store is an industry leader with over 40 years of franchising experience, which has given us the opportunity to develop and refine a proven business model that works. However, our success is due to more than just our way of doing business. We know how to properly prepare franchisees for the challenges they will face and have helped thousands become successful The UPS Store franchise owners. If you’re thinking about starting a franchise, consider these top five reasons to choose The UPS Store.
Brand Strength
Brand strength is one of the most valuable assets for a franchisee. The UPS Store is a nationally recognized and well- respected brand that provides immediate credibility from the moment a store opens its doors. This sterling reputation is built on the core values of our brand. We’re committed to providing an exceptional customer experience and are dedicated to going above and beyond the expectations of customers, as well as franchisees, while strengthening communities by supporting small business.
Our reputation and the quality of the franchise opportunity The UPS Store offers have consistently earned us accolades and awards from a number of business organizations. In fact, 2021 marks the 31st consecutive year that The UPS Store has achieved inclusion on the Entrepreneur Franchise 500 list, ranking third among all franchise brands and first in the postal and business services category.
Innovative Products and Services
The UPS Store is committed to staying on the forefront of trends to provide an extensive selection of innovative products and services that allow our franchisees to meet the ever-changing needs of their customers. Our solutions continually evolve, enabling franchisees to offer relevant, convenient services to better support small business owners and individuals in their communities. Not only do these solutions help franchisees serve their customers, but they create a pipeline of long-term revenue streams and growth options.
Our new store design makes delivering these services even more efficient. Key design features like an open floor plan for optimal customer traffic, mobile and modular fixtures for flexibility and multi-functional use, and digital screens and menu boards for promotions are among the highlights of our fresh new look and feel. The bold, contemporary style provides The UPS Store franchise owners more ways to deliver with enhanced transparency to showcase the expertise of their staff.
Variety of Store Types
One of the features that makes starting a franchise with The UPS Store unique is the number of store types to choose from. In addition to traditional stores, several non-traditional opportunities are also available. These options provide more flexibility and allow franchise owners to tailor their centers to meet the needs of customers in their community. It also creates additional opportunity for franchisees to expand with multi-center ownership.
Store in store locations allow owners of retail stores to grow their business by bringing the services of The UPS Store into their existing facility. This creates a convenient, one stop shopping experience for customers and an additional revenue stream for franchise owners. Both businesses benefit from the boost in foot traffic and opportunity for increased sales.
The UPS Store centers inside hotels and convention centers accommodate a variety of needs for vacationers, business travelers and conference attendees, while centers on college campuses cater to students, faculty and staff. The UPS Store centers can also be established on military bases to provide a convenient and valuable resource for on-base businesses and community members.
These non-traditional locations offer the same services a traditional store provides including packing, shipping, printing, copying and notary services, only in a smaller space. The reduced equipment requirements of these smaller centers can lead to lower start-up costs.
Comprehensive Training and Ongoing Support
Our franchise development team is dedicated to helping franchisees succeed, starting with a comprehensive training program to help them get their business up and running. Our four-phase training program includes over 215 hours of instruction via a mix of online and in-person education including hands-on, in-store experience at a Certified Training Center. Everything from business fundamentals to store operations including training on the equipment, software and techniques used in the store are covered to ensure franchisees feel confident and prepared to operate their own store.
But the support doesn’t end after the grand opening. We provide ongoing support and guidance every step of the way to help The UPS Store franchise owners achieve their goals. Our home office, toll-free help line, area franchisees and even fellow franchise owners are here to help with questions and expert advice. We also invest in extensive marketing and advertising support at the national, regional, and local level to increase brand awareness and drive customers into the store. Turn-key marketing tools and resources are also available to help franchisees promote their business in their community.
Financing Options
The UPS Store is a great opportunity, especially for those looking to start a franchise on a budget. Entrepreneur ranked The UPS Store as the top franchise to own under $150,000. At $75,000 in liquid assets, the capital requirement to become a The UPS Store franchise owner is lower than many other franchise opportunities. In addition, we offer flexible financing options to help find the best funding based on each candidate’s financial situation. Our partnership with Guidant Financial provides prospective franchises who qualify for franchise loans a full suite of financing options including 401(k) business funding, SBA loans, portfolio loans, unsecured loans, and more.
Special discounts are also available for veterans and minorities. Qualifying veterans receive $10,000 off the franchise fee for opening a new The UPS Store location, which includes 50 percent off the initial application fee. First-time The UPS Store minority owners that commit to developing their location under the new store design are eligible to receive $15,000 off the franchise fee.
Another way we’re making franchising with The UPS Store more affordable is with our Main Street program. This low-cost franchise model offers a reduced fee and significant savings on other start-up costs for franchisees that choose to start a franchise in a small town or rural community.
Achieving The Dream of Ownership
The UPS Store has been helping entrepreneurs take control of their future and change their lives for over four decades. Our brand strength, innovative products and services, variety of store types, comprehensive training and support, and financing options are among the top reasons candidates choose to open a The UPS Store franchise. Reach out to our local franchise development team to learn more or explore The UPS Store locations for sale and open markets ready for development on our website.
