This is located in a shopping center as most of these franchises are. They have 1,500 sq. ft. and the current rent is $1,750 per month plus common area maintenance other wise known as CAM.
Business Operation
Competition / Market:
Since UPS bought out the Mail Boxes Etc. franchise, they have evolved into a much better business model. Across the board the stores have done much better and with their national advertising they have created a much larger presence.
Reasons for selling:
Going into transportation management.
Employees:
1 part time
Years established:
1992
Other information
Support & training:
As part of the selling price there is a one week training at the home office located in San Diego at UPS University. An additional 2 weeks will be working at the store in Pepper Pike Ohio plus an additional one week working at the store that was just bought with people from the home office.. The buyer needs to pay for their own transportation to and from San Diego.
Financing available:
The banks like this franchise. In addition to the purchase price there is the cost of transferring the franchise as well as the 4 weeks of training. That is approximately another $20,000. The bank will finance this whole package with approximately $30,000 down for someone that has good credit.
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