The average salary for an Owner is $74,846 per year in United States, which is 73% higher than the average The UPS Store salary of $43,069 per year for this job.
Is UPS Store good business?
The UPS Store has been ranked #1 in the postal and business services category for over 30 years and remains in the top 5 overall for the fifth consecutive year according to the Franchise 500 list.
How much does it cost to open a UPS Store?
Based on the centre’s location and size, the total initial investment cost for a new The UPS Store centre ranges from $174,000 to $198.500, plus required working capital. We require that all prospective franchisees be able to verify a minimum of $80,000–100,000 in liquid assets.
Is owning a UPS franchise profitable?
It has been reported by The Balance, that it takes a UPS Store franchise “$365,000 in annual gross sales” for a franchise owner to yield a “$35,000 a year income.” The same report states that “about 60% of all US stores do not break even.” Basically, franchising–like all business–has no guarantee of making money.
How much money can you make owning a UPS Store?
The same report states that “about 60% of all US stores do not break even.” The breakdown of this means that a UPS Store Franchise would have to make over $30,000 in monthly sales for an owner to receive any profit. However, those looking to purchase a franchise should take figures like these with a grain of salt.
What are the franchise fees for the UPS Store?
For more information about franchise costs and financing options, contact our Franchise Development Team today. Participating partners with the VetFran program, The UPS Store offers qualifying veterans $10,000 off their franchise fee to start their new business. To learn more, contact The UPS Store Franchise Development Team.
How many ups stores are there in the world?
According to Forbes 500 list, the company’s market cap is at $91.3 billion as of May 2017. There are over 4,600 franchise locations in the UPS store franchise. Since incorporating in 1980, the UPS Store franchises have been serving small business communities for the past 37 years, under this company name.
How does owning a UPS Store affect your life?
The UPS Store has been ranked #1 in the postal and business services category for over 30 years and remains in the top 5 overall for the fifth consecutive year according to the Franchise 500 list. I would say owning a The UPS Store location has changed my life to where I have more time and flexibility.
