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Updated RecentlyThe UPS Store vs BungoBox Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The UPS Store vs BungoBox 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 | $75,400 - $134,000 |
| Franchise Fee | $29,950 | $25,000 |
| Royalty Fee | 5% | 9% |
| Advertising Fee | 2.5% | - |
| Year Founded | 1980 | 2007 |
| Year Franchised | 1980 | 2010 |
| 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 | BungoBox is seeking individual franchise partners throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Love working in Sales and Marketing *Minimum financial net worth of $50,000 | |
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. | All BungoBox Franchisees are put through a comprehensive training program that covers every element involved in operating and managing the BungoBox business model successfully. The BungoBox training model is delivered through a week-long classroom training program at the corporate headquarters in Orlando, FL and then followed by an onsite training program at the new franchise location. |
| 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. | *Real Estate and Site Selection *Pre-opening *Management Training *Vendors and Equipment *Opening Support *Information Technology *Marketing and Public Relations *Operations Support *Purchasing and Distribution |
| 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 | - |
Company Overviews
About The UPS Store
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.
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About BungoBox
BungoBox franchisees operate a green moving business that rents eco-friendly boxes to movers to make moving less costly and easier to manage.BungoBox is a Revolution, A new way of thinking - A new way to do business. The BungoBox business model has been designed and modeled for franchise investors. It is a business model that builds upon the best of all business attributes. The Customers Save Money (up to 50% from standard moving costs). The Business Model is new and UNIQUE. Lack of Competition for this Industry. National Applicability. Systems and Business Model Designed around Concept make the system Scalable.BungoBox is Green...and Green is Good. Low Initial Investment for a business that has unlimited Potential.BungoBox is in the lead position of a "wave" that will change the way people think about moving. Solid Management Team and Board of Directors. * Real Estate / Location Guidance - BungoBox corporate staff will help you find a location, negotiate a lease and build your actual location and get your business off the ground....so to speak. * Hiring and Training Your Staff - No one wants to "Bungo" alone. Eventually you will want and need to hire on additional staff for yourBungoBox franchise. We will help you in finding those people and appropriately establishing the criteria needed to build a great team for your Franchise. * Marketing your Franchise - BungoBox will implement and work directly with you to help "get the word out" that BungoBox is in town. Through a refined and tested marketing program, you will be able to appropriately establish a "footprint" for your new franchise location. * Onsite Assistance - BungoBox management and staff will come to your location and help you market and sell the BungoBox services when you first get started. The first weeks in business will be a big step for a new franchisee. We will be there with you every step of the way.