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Below is an in-depth analysis and side-by-side comparison of PostNet vs Pear Track including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $186,567 - $233,500 | N/A |
Franchise Fee | $35,950 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | 2% | - |
Year Founded | 1985 | 2009 |
Year Franchised | 1993 | 2009 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | PostNet is a retail and service business, and as such we are looking for people with outgoing personalities that would do an excellent job of representing the brand and their business to the public. The most successful PostNet franchisees are civic-minded and outgoing people who gain fulfillment from working with small business owners, schools and others in their communities. On a financial level, a potential PostNet franchisee must have a net worth of at least $300,000.00 and be (or be able to become) liquid for a minimum of $55,000.00. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 58 hours Classroom Training: 65 hours Additional Training: At store location 6-8 weeks after opening | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | PostNet's marketing programs include- * Local programs, which the franchisees utilize to build and develop awareness and loyalty with current customer base. * Regional and cooperative advertising, where PostNet franchisees get together with other franchisees and leverage their strength in numbers. * National programs that are conducted by the PostNet National Ad Fund. PostNet is the only company in the industry that offers a first-year managed marketing program that includes both consumer advertising and business-to-business advertising to help develop an initial customer base and momentum for the growth of the business. Co-op Advertising Ad Templates Social media SEO Website development Email marketing | - |
Operations | PostNet only grants franchises to individuals that are planning on being involved initially as a full-time owner operator. Long term, full-time ownership and operation of the centers are not required; however, initially it is critical because PostNet is a neighborhood business and it is up to the individual store owner to become actively involved in the community to promote the services and products offered. With PostNet, every franchisee offers a core of proven and high-demand services and products through their PostNet Center. However, depending on the needs of the local market and the franchisee's own attributes, other complimentary services that are consistent with the other PostNet offerings may be approved by PostNet. Services, as bookkeeping, advanced computer and database services, and eBay selling services are just some examples of other services and products that PostNet franchisees offer to the public through their PostNet Centers. Initially an owner operator of a franchise will typically have one (1) to two (2) part-time or full-time staff members to help with the operation of the store. As the business grows, and you build a customer base, more employees and staff will be needed. Our highest volume locations have six (6) to seven (7) full-time staff members including the franchisee. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
As a result of unprecedented UK and worldwide success, and to celebrate the opening of our USA division, our company, one of the world leaders and pioneers in the field of GPS tracking and asset monitoring systems, are now seeking exclusive country or state Master Distributors to take their brand to another International level. Anyone with the good fortune to be granted the exalted status of Exclusive Master Distributor for their chosen country could have invested into a veritable gold mine. The value of this opportunity is increased even further by the company ethos of honesty, integrity and outstanding company support : As a result of our extraordinary success to date, enquiries are now pouring in from all over the world from prospective partners eager to get a piece of this highly lucrative pie ..especially as there is arguably no business that boasts more stability, longevity and earning potential, to satisfy even the most ambitious of business entrepreneurs. Suitable experience and the right contacts should fast track newly appointed Master Distributors to a high earning level in the shortest possible time; after which the business should rapidly multiply on its own energy and feed off its early success. SUMMARY A Master Distributorship with the Peartrack brand could be described as the "Holy Grail" for businessmen and business women alike because it is the rarest of opportunities to get in at the beginning before the brand becomes Internationally recognized in countries on all continents. When this happens, the investment required to claim such an exalted status of Exclusive Country Master Distributor usually becomes out of reach to all but the very wealthiest of business people. To receive more information on what we hope could prove a life changing experience for you, please fill out the information here: http://www.thefranchisemall.com/requests/default.asp?id=14284