Postal Annex+ vs SOHO Hero Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Postal Annex+ vs SOHO Hero including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Postal Annex+ Franchise
SOHO Hero Franchise
Investment $35,525 - $244,350$175,000 - $190,000
Franchise Fee $29,950$29,500
Royalty Fee 5%5%
Advertising Fee 2%2%
Year Founded 19851997
Year Franchised 19862000
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $3.5K-


Business Experience Requirements
 
Postal Annex+ Franchise
SOHO Hero Franchise
Experience
  • Must speak English
    		• -

    Financing Options
     
    Postal Annex+ Franchise
    SOHO Hero Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Postal Annex+ Franchise
    SOHO Hero Franchise
    Training On-The-Job Training: 32 hours Classroom Training: 80 hours Additional Training: At regional conferences -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
    Operations 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is allowed. (96% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Postal Annex+ Franchise
    SOHO Hero Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Postal Annex+

    While working as a consultant during retirement, Jack Lentz found a need for occasional access to copy and fax machines, packaging facilities and mail services. Frustrated when he couldn't find a store that offered the services he needed, Lentz decided to open his own.
    In 1985, he opened the first PostalAnnex+ location near San Diego, California.
    In addition to offering the business services Lentz required, PostalAnnex+ stores rent postal boxes and handle packaging and shipping.
    Stores also sell greeting cards and office supplies.
    • Commercial Center: $99,700 to $172,750
    • Commercial Center-Conversion: $35,525 to $147,975

    It's your package, your choice.
    Veteran Incentives  20% off franchise fee
    "Entrepreneur
    #216 in Franchise 500 for 2020.
    #231 in Franchise 500 for 2021.




    About SOHO Hero

    The SOHO HERO concept was launched when savvy young entrepreneur and Atlanta resident, Chris Kouloukas, discovered that small office and home office business professionals had no place to go for meetings and other vital business services.  As a result, the SOHO HERO Business and Meeting Center concept was born, and today the company provides a comprehensive resource for business owners and professionals who work from home, telecommute or are in need of private, professional meeting, work or conference rooms.  SOHO HERO represents a new ‘world of work’ scenario that provides our Small Office, Home Office professionals, a comprehensive suite of business services, professional meeting spaces, wi-fi connections, and state-of-the-art video-teleconferencing. SOHO HERO Business and Meeting Centers provide a complete menu of presentation and communications tools and upscale meeting facilities for the ‘new mom & pop shops’ that have embraced the electronic age and understand the value of interactive business tools and opportunities. We handle all of the business services needs that our customers would normally be able to get if they worked in an office environment, but don’t have access to since they are working from their homes.