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Below is an in-depth analysis and side-by-side comparison of Worldwide Express vs The UPS Store including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $45,980 - $359,650 | $53,496 - $566,585 |
Franchise Fee | $33,125 - $327,500 | $29,950 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 2.5% |
Year Founded | 1991 | 1980 |
Year Franchised | 1994 | 1980 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | 25% of current franchise fee |
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 | Yes/Yes |
Equipment | No/Yes | Yes/Yes |
Inventory | No/No | Yes/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | Available at headquarters, Available at franchisee's location | Training prior to opening a The UPS Store franchise includes online courses and in-person training. The award-winning The UPS Store Franchisee Training Program focuses on developing business management, marketing, technical, and customer service skills necessary to operate and grow the franchised business. There are two parts: the In Store Experience and The UPS Store University Business Course held in San Diego, CA. |
Support | Newsletter, Meetings, Toll-free phone line | The UPS Store understands that when you do well, so do we. We provide The UPS Store franchisees with a variety of tools and resources including: newsletters, grand opening assistance, web-based training and security and safety procedures. |
Marketing | - | We provide The UPS Store franchise owners marketing support, including co-op advertising, national media, and regional advertising. |
Operations |
Franchise can be run from home. 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. |
33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
Worldwide Express is a global logistics company based in Dallas that has handled millions of package and freight shipments for more than 30,000 small to midsize businesses. With more than 150 franchises across the country, Worldwide Express is one of the largest authorized resellers of express shipping for UPS, as well as a trusted freight partner to more than 65 carriers.
Worldwide Express began selling franchises in 1995 with the simple goal of providing unmatched levels of service and competitive rates to the small to medium sized business segment (SMB) of the U.S. air express and ground market.
The SMB segment was and continues to be the fastest growing portion of the U.S. air express and ground market, despite the fact that the near-monopolies of FedEx and UPS have historically treated this segment with a one size fits all mentality.
Worldwide knew it could do a better job. They treat the SMB segment like the big guys treat their Fortune 500 customers
Do you have the yearning to work for yourself? Presently your fantasy of working for yourself and owning an establishment might be nearer than you might suspect. The UPS Store establishment openings are accessible across the nation. The UPS Store Franchise Development Team is accessible to help you begin the procedure of business possession with The UPS Store organize. Business, Communication and Postal Service Centers Founded in 1980, Mail Boxes Etc. turned into an auxiliary of UPS in 2001. The organization now establishments The UPS Store idea, whose establishment areas give bundling, delivering, duplicate and print administrations, letter drop administrations, PC time rentals, and the sky is the limit from there. The UPS Store establishments are situated all through the United States and Canada. The UPS Store establishment cost and expenses can be decreased through budgetary help and exceptional motivations. The UPS Store offers low charges and monetary help when opening a The UPS Store establishment. We offer a program to help qualified new The UPS Store franchisees with start-up expenses. We have associations with monetary accomplices that can help you with your financing needs. The UPS Store establishment money related motivators include:
* VetFran Participant
* Program through Franchise America FinanceTM
More insights about The UPS Store establishment VetFran impetus:
* Qualified veterans save $10,000 off the establishment charge of another The UPS Store establishment area and 75% off the underlying application expense (connected towards the aggregate establishment expense).
About The UPS Store Franchise
* # 1 in our classification for 21 continuous years*
* More than 30 years of diversifying background
* Nationally publicized brand
* More than 4300 areas across the country.