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Below is an in-depth analysis and side-by-side comparison of QuikDrop vs Goin' Postal including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $80,000 | $46,750 - $109,500 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | $1.8K/mo. | $200/month |
Advertising Fee | - | - |
Year Founded | 2003 | 2002 |
Year Franchised | 2003 | 2004 |
Term Of Agreement | 15 years | 15 years |
Term Of Agreement | 15 years | 15 years |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
NO LONGER FRANCHISING
What makes Goin' Postal different from all the other shipping store franchise chains? *Amazing customer service . *Attention to detail. *A family business attitude. *Super name, logo and product recognition. *As a small organization, we can adapt quickly to changes in the marketplace. *As part of our business building practices, we are constantly developing new products and services *Innovative services such as our mobile shipping stores. *Currently the initial investment required to open a Goin' Postal is approximately 25% of our competitors' shipping stores. *Unlike the other large franchise operations, we are in the shipping business, not just in the business of selling franchises. *But most important of all is the flexibility that you will enjoy with Goin' Postal. *Superb continuing education materials, support, guidance, access to our creative promotions staff, and assistance from the entire caring, professional GPFC staff. *Our growth rate is accelerating. *Now we are achieving major name recognition, why would anyone pay around a quarter of a million dollars or more for exactly the same thing they can achieve that with approximately $40,000 total? You get far more than you pay for when you go with Goin' Postal!