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Below is an in-depth analysis and side-by-side comparison of The UPS Store vs EcoBox including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $53,496 - $566,585 | $136,900 - $324,800 |
Franchise Fee | $29,950 | $19,000 - $29,500 |
Royalty Fee | 5% | - |
Advertising Fee | 2.5% | - |
Year Founded | 1980 | 1994 |
Year Franchised | 1980 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 25% of current franchise fee | - |
Business Experience Requirements |
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Experience | We are looking for candidates with strong business background, ability to build and motivate a team and to execute and implement operating system. Financial: Minimum of $75,000 in liquid capital Minimum of $250,000 net worth and a strong credit history Ownership structure: Approved franchisee must retain at least 51% ownership at all times and oversee store operations. Training: Successful completion of EcoBox University and in-store training. Other: Good driving record (MVR), good credit, no bankruptcies, U.S. citizenship or the ability to work legally in the U.S. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | Yes/Yes | -/- |
Equipment | Yes/Yes | -/- |
Inventory | Yes/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | 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. | Franchisees receive 15 days training: 5 days classroom and 5 days hands on in-store training at our corporate headquarter in Austin, Texas. Additional 5 days on-site training prior to and after store opening. On going online support via GoTo Meeting, DVD and one-on-one training, plus quarterly leadership training and annual meeting. |
Support | 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 |
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 | - |
International Expansion | Yes | - |
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.
It's Your Move.
Founded in 1994, EcoBox is a multi-million dollar company, currently operating two successful stores and a distribution center in Austin, Texas. We are now ready to expand our operation to additional markets in Texas.
EcoBox, a leading moving and shipping supplies company based in Austin, Texas, is looking for bright, energetic franchise partners who want to be part of our national expansion. At EcoBox, our message is simple but powerful: Our customers get the largest selection of new and recycled moving and shipping supplies at the lowest possible cost - saving money and helping the environment at the same time.
Why Franchise with EcoBox? Never has the market been better for the independent packaging industry. Americans are on the move. The average person moves 11 times in their lifetime, and 17 percent of all Americans (roughly 50 million people) change their address each year.
At the same time, small businesses and home-based businesses are growing as never before. More than 99 percent of all businesses today are small businesses. And more than half of those are home-based, according to the Small Business Administration.
EcoBox is an exciting "green" concept specializing in moving boxes and shipping supplies with an economical and ecological approach.