Minority Small Business and Franchise Opportunities
According to a 2018 study from the IFA Foundation, 31 percent of franchised businesses are minority owned, compared to 19 percent of non-franchised businesses. The number of minority franchise owners is up 10 percent from the previous mark just five years before.
The UPS Store is proud to support and contribute to this growth in minority-owned businesses. First time buyers of a new The UPS Store® who are minorities and commit to developing their location under the Blue Horizon design are eligible to receive $15,000 off the franchise fee (an approximate 50% discount).
“The social unrest and social challenges of this year really forced us to consider what we stand for,” says Tim Davis, former president of The UPS Store. “So we introduced a minority discount of 50 percent off our initial franchise fee. Our stores do great when they’re operated by owners who work and live in the same community, and we want to make sure there is no doubt left on the table: The UPS Store is a concept for everyone.”
The Value of Minority Small Business Ownership on Communities
Minority franchise owners with The UPS Store provide a valuable resource for local businesses and consumers while having the opportunity to inspire others in their community to become small-business owners. For an example of how minority franchise owners benefit their communities, check out the story of Brandon Phillips – who balances his established career as a New York City firefighter with his new one as a franchise owner with The UPS Store.
Is The UPS Store the Right Fit for You?
The UPS Store is looking for franchise owners of all backgrounds who share our values and commitment to success. Learn more about The UPS Store's commitment to providing minority business opportunities. Here’s a profile of The UPS Store owners.
Passionate About Their Business
- Dedicated to making their business work
- Able to effectively manage time and resources
- Proactive in marketing and generating sales
Enjoy Working with the Public
- Understand the importance of providing outstanding customer service
- Have strong problem-solving skills
- Be considerate of others
Committed to Best Practices
- Able to work well with others
- Willing to learn new systems and procedures
- Eager to contribute to overall success of the network
If this sounds like you, contact us today to learn more about minority franchise opportunities and what it takes to become a The UPS Store franchise owner.